Thinking outside of the box when it comes to meeting prospective wealthy clients can ultimately pay off.  ( 23 min )

While advisors frequently debate whether active or passive management is superior, many forget that there is a middle ground to consider.  ( 21 min )

Chiefs quarterback Patrick Mahomes joined a group investing in Formula 1 team Alpine. The two-time Super Bowl MVP is invested in several sports teams and a fast-food chain, and has an estimated net worth of $70 million.  ( 18 min )

Restaurant chain Chipotle Mexican Grill (CMG) posted higher-than-expected earnings and revenue in the third quarter as consumers splurged on burritos despite more-expensive menu prices.  ( 18 min )

Lackluster earnings and soaring Treasury yields have dragged down big tech stocks and the ETFs exposed to them.  ( 19 min )

You can buy and sell NFTs on NFT marketplaces. Follow this comprehensive how-to guide covering all you need to know about the process.  ( 25 min )

A gift letter is a piece of legal, written correspondence explicitly stating that money received isn’t expected to be repaid.  ( 25 min )

Growing your client book takes more effort than simply running a radio or newspaper ad.  ( 24 min )

Human capital affects economic growth and can help to develop an economy by expanding the knowledge and skills of its people. Learn more about how it works.  ( 24 min )

To receive Supplemental Security Income (SSI), a beneficiary cannot breach specific income and asset limits. If they do, benefits can be decreased or eliminated.  ( 27 min )

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(Bloomberg) -- Exxon Mobil Corp. and Chevron Corp. spent recent days telling investors why they want to spend $114 billion combined on two megadeals. On Friday, their earnings reports revealed why they need to.Most Read from BloombergCanada Plans College Crackdown Amid Foreign Student TroublesEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventIsrael Latest: Iranian Minister Warns US Over Support of IsraelIsrael Enters ‘New Stage’ of War With Gaza Ground FightingExxon’s oil product  ( 35 min )

One 78-year-old says he loves his profession and can't imagine stepping back from his work. "I'll retire in a wooden box," he said.  ( 37 min )

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The mortgage industry is notoriously feast or famine, but there’s no obvious way out of this bust, and many mortgage companies are growing desperate.  ( 25 min )

(Bloomberg) -- Markets have grown more pessimistic about the outlook for US economic growth, and if that continues in a substantial way it may offer a chance to buy stocks, according to Goldman Sachs Group Inc.Most Read from BloombergIsrael Latest: Iranian Minister Warns US Over Support of IsraelHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventS&P 500 Extends Slide From Its July Peak to 10%: Markets W  ( 33 min )

The company knew it needed new expertise. But creating a startup mentality to mesh with an 86-year-old giant didn’t work.  ( 25 min )

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Limburgers kunnen vanaf volgend jaar een vergoeding krijgen voor lichte en zware schade aan hun huizen als gevolg van steenkoolwinning. De laatste steenkoolmijn in de provincie is in 1974 gesloten, maar de schade is bij sommige huizen nog altijd zichtbaar.  ( 9 min )

X heeft weer twee nieuwe betaalde abonnementen geïntroduceerd. De premiumaccounts geven klanten nieuwe mogelijkheden en prominentere plekken op het sociale medium.  ( 10 min )

De Amerikaanse vliegtuigbouwer Boeing wordt bedreigd door hackers, die dreigen "gevoelige data" van het concern openbaar te maken. Het gaat om de groep cybercriminelen die in Nederland de KNVB zou hebben aangevallen.  ( 8 min )

Terwijl Nederlanders sinds half oktober de verwarming weer opstoken, stijgen tegelijkertijd de energieprijzen weer na een lange daling. Dit lijkt dus hét moment om voor zekerheid te kiezen, in de vorm van een vast contract. Toch wachten veel consumenten nog af.  ( 10 min )

Google heeft Anthropic, een Amerikaans bedrijf dat is gespecialiseerd in kunstmatige intelligentie, omgerekend 1,9 miljard euro aan investeringen beloofd. Het gaat om een lening die later wordt omgezet in aandelen in het bedrijf.  ( 9 min )

Google heeft 2 miljard dollar (1,9 miljard euro) aan investeringen beloofd aan Anthropic, een Amerikaans bedrijf dat is gespecialiseerd in kunstmatige intelligentie (AI). Het gaat om een lening die later wordt omgezet in aandelen in het bedrijf.  ( 9 min )

Het is alweer een jaar geleden dat Elon Musk het gigantische bedrag van 44 miljard dollar neertelde om Twitter te kopen. Inmiddels is er veel veranderd, zoals de naam van de dienst. Ook ziet X het vertrouwen en het aantal gebruikers en adverteerders afnemen.  ( 11 min )

Tijdens de inflatiegolf van de afgelopen jaren heeft een deel van de bedrijven hun winstmarge weten te verhogen. Onder meer in de energiesector en bij vastgoedbedrijven is de winst per product de afgelopen twee jaar gestegen, blijkt uit onderzoeken van Rabobank en het CPB.  ( 11 min )

Het is alweer een jaar geleden dat Elon Musk het gigantische bedrag van 44 miljard dollar neertelde om Twitter te kopen. Inmiddels is er veel veranderd, zoals de naam van de dienst. Ook ziet X het vertrouwen en het aantal gebruikers en adverteerders afnemen.  ( 11 min )

Tijdens de inflatiegolf van de afgelopen jaren heeft een deel van de bedrijven hun winstmarge weten te verhogen. Onder meer in de energiesector en bij vastgoedbedrijven is de winst per product de afgelopen twee jaar gestegen, blijkt uit onderzoeken van Rabobank en het CPB.  ( 11 min )

Restaurant chain Chipotle Mexican Grill (CMG) posted higher-than-expected earnings and revenue in the third quarter as consumers splurged on burritos despite more-expensive menu prices.  ( 1 min )

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Ford shares tumbled Friday after the company withdrew its full-year forecast and reported greater losses than expected in its electric vehicle division.  ( 33 min )

Financial markets are bracing for what could be a momentous week, with a Federal Reserve meeting, U.S. employment data and earnings from technology heavyweight Apple Inc possibly setting the course for stocks and bonds the rest of the year. October has lived up to its reputation for volatility, as a surge in Treasury yields and geopolitical uncertainty pressured stocks. The S&P 500 index is down 3.5% for the month, adding to losses that have left it over 10% off its late-July high.  ( 34 min )

Tom Nides, who started as a vice chairman at Wells Fargo last month, is resigning to focus on the events unfolding in Israel. Nides, the U.S. ambassador to Israel until this summer, [joined the San Francisco bank](https://www.wsj.com/li  ( 24 min )

The best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human or Sandia Area Federal Credit Union, and 5.80% from Seattle Bank.  ( 21 min )

Solar power stocks tumbled after Enphase Energy missed sales and profit estimates and warned that current quarter revenue will be well below forecasts.  ( 19 min )

JPMorgan CEO Jamie Dimon plans to sell 1 million shares of company stock starting in 2024 for "financial diversification and tax-planning purposes."  ( 35 min )

(Bloomberg) -- The VIX is at 20, stocks are on the brink of their worst October in five years, and every other day the bond market throws a fit.Most Read from BloombergHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingIsrael Latest: Army ‘Expanding’ Ground Activity in Gaza StripEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventUS Military Attacks Two Syrian Facilities It Says Are Linked to IranFor equity bulls conditioned to dive in at any sign of wea  ( 34 min )

The last few trading sessions have been harsh, showing sudden, steep losses after some Big Tech earnings reports failed to impress investors. These losses, along with the shift in sentiment, threaten to undermine the generally positive market outlook that was established during the strong bullish run earlier this year. At the same time, not every stock sector is performing poorly. Tom Lee, who is monitoring the situation from Fundstrat, sees evidence that industrial stocks are gearing up for a s  ( 37 min )

Shares of ExxonMobil and Chevron fell Friday after they reported third-quarter results, which highlighted why each made recent large acquisitions to boost their U.S. output.  ( 20 min )

Intel shares jumped Friday after the tech company’s third-quarter earnings beat estimates, in part driven by gains in its foundry business and surging interest in artificial intelligence, as well as signs of a recovery in the PC market.  ( 19 min )

The Federal Reserve's preferred inflation metric showed prices continued to cool in September.  ( 46 min )

The Federal Reserve's preferred inflation metric showed prices continued to cool in September.  ( 46 min )

Expensify’s David Barrett says his lounge flopped, and workers in offices “are likely going because they feel pressured to (either by their boss or their peers).”  ( 35 min )

Electric vehicle sales have hit a tipping point in the US.  ( 36 min )

(Bloomberg) -- Gold surged above $2,000 an ounce for the first time since May as concerns over conflict in the Middle East outweigh the impact of the recent jump in bond yields.Most Read from BloombergIsrael Latest: Iranian Minister Warns US Over Support of IsraelHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingEverything Apple Plans to Launch at Oct. 30 ‘Scary Fast’ Mac EventS&P 500 Extends Slide From Its July Peak to 10%: Markets WrapSpot gold rose as much as 1.2%  ( 34 min )

If you want to open a CD, and prefer sticking to a big bank with a household name, you have a good selection of competitive rates from some of the biggest banks right now.  ( 20 min )

Ford, General Motors and Mercedes-Benz all responded to concerns over waning demand for electric vehicles this week, as automakers navigate the EV push.  ( 35 min )

The billionaire Haslam family says in a lawsuit that Warren Buffett and Berkshire Hathaway are trying to artificially depress the price the company is obligated to pay for the family's remaining 20% stake in the Pilot Travel Centers truck stop chain that Jim Haslam found. Berkshire has paid nearly $11 billion since 2017 for the first 80% of Pilot. Berkshire changed the accounting practices at Pilot this year after it acquired control of the company.  ( 35 min )

Bank of America analyst Jessica Reif Ehrlich said the company's language surrounding streaming profitability and how quickly it can cut costs will be an important earnings focus this quarter.  ( 35 min )

FTX founder Sam Bankman-Fried testified Friday that he invested in the cryptocurrency solana at prices starting 20 cents per token. Bankman-Fried said he believes the money he used to fund the investment came from Alameda Research’s operating profits or third-party loans. The token, which is tradin  ( 22 min )

Real estate investment trusts (REITs) have had a rough time this year, as higher interest rates and fears of a recession have weighed upon the share prices of the stocks. Analysts have been adjusting earnings estimates lower for some time. But REITs are reporting third-quarter earnings this week, and several are proving the consensus estimates wrong with better funds from operations (FFO) and revenue than expected. Take a look at three REITs that recently beat the Street estimates with improving  ( 35 min )

The French payments company cut its financial forecasts on Wednesday, hitting shares of PayPal and Block.  ( 19 min )

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Altria Group's 3Q results weren't impressive, but they weren't bad enough to warrant the sharp selloff that brought the stock to a multiyear low on Thursday, Goldman Sachs analysts say in a research note. Cigarette volumes fell a higher-than-expected 11.6% and cigarette price increases of about 8.7  ( 16 min )

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(Bloomberg) -- The electric-vehicle boom that spawned multibillion dollar startups overnight and pushed Tesla Inc.’s value into the stratosphere is starting to flounder just a few years after it began.Most Read from BloombergHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingUS Military Attacks Two Syrian Facilities It Says Linked to IranChina, US Release Dueling Videos With Accusations of ProvocationIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaA key t  ( 35 min )

Treasury bonds are offering the highest yields in 16 years. There are two main avenues you can use to lock in a nearly risk-free 5% return.  ( 34 min )

United States Steel forecast a steady profit next year, jumping out with an unusually detailed outlook for 2024 as the company evaluates multiple bids for its business. CEO David Burritt said Fri  ( 24 min )

UPS stock has dropped as investors weighed the impact of higher wages on its earnings.  ( 22 min )

United States Steel Corp. CEO David Burritt said the board was sorting through multiple opportunities in its strategic alternatives review, which has taken up the past three months behind the scenes at the Pittsburgh-based steelmaker.  ( 21 min )

Investors have had little to cheer about recently as the markets have struggled to shake off the grip of various factors pulling them down. These factors include the prospect of interest rates remaining elevated, concerns related to high yield bonds, an uptick in oil prices, and the ongoing conflict between Israel and the terrorist organization Hamas, all of which have played a role in dampening market activity. However, for investors seeking signs that the mood is about to change, Bank of Ameri  ( 36 min )

If you bought I bonds when they were paying 9.62% last year, it may be smart to cash out, now that I bond rates have fallen. For some, the perfect withdrawal date is Nov. 2.  ( 22 min )

Ken Griffin, founder and CEO of hedge fund firm Citadel, is making headlines in the real estate world again. The Florida native continues to purchase homes and land in Palm Beach as he prepares to build one of the most expensive residences in the world. In 2019, Griffin made history by purchasing a New York City penthouse for $238 million — at the time the most expensive residential property transaction in the United States. Don’t Miss: You can now partially own mansions with $99. Join the ranks  ( 33 min )

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Intel’s upbeat outlook contains good news for Nvidia, AMD, and ON Semi.  ( 22 min )

When I retired in September 2022, my 401(k) was invested aggressively (90/10 split between stocks to bonds) and lost approximately 30%. I left the 401(k) invested in mutual funds in hopes it would gain back some of the losses. A year later it has gained back approximately 20%. I'm not required to take RMDs for […] The post Ask an Advisor: I’m 5 Years Away From RMDs But Recently Lost 30% of My 401(k). Should I Stay Aggressive to Regain My Losses or Rebalance? appeared first on SmartReads by Smart  ( 35 min )

(Bloomberg) -- Chevron Corp.’s post-earnings selloff shrank the value of its all-stock offer for Hess Corp. by roughly $6.5 billion.Most Read from BloombergHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaUS Military Attacks Two Syrian Facilities It Says Linked to IranChina, US Release Dueling Videos With Accusations of ProvocationChevron slumped as much as 5.9% on Friday after posting a massive 66-cent pe  ( 33 min )

The US dollar initially shot above the ¥150 level during the course of the week, but then gave back gains to show signs of hesitation.  ( 33 min )

Enphase Energy (ENPH) stock tumbled, another sign of trouble in the solar business and the broader clean-energy industry. Late Thursday, Enphase, which makes solar inverters and batteries, projected revenue for the current quarter that fell well below  ( 24 min )

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FTX founder Sam Bankman-Fried testified Friday that his largest mistake was not having a dedicated risk management team and a chief risk manager at FTX. The result was no oversight for the bankrupt crypto exchange.  ( 22 min )

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Roblox upgraded, Bristol Myers downgraded: Wall Street's top analyst calls  ( 36 min )

"Core" PCE, which excludes the volatile food and energy categories, grew 3.7% in September from the year-earlier period, down from a revised 3.8% in August  ( 35 min )

Amazon reported its Q3 earnings after the bell. Here's how the e-commerce giant fared.  ( 34 min )

Amazon reported its Q3 earnings after the bell. Here's how the e-commerce giant fared.  ( 34 min )

Charter stock was dropping after revenue came in light. Disney standoff was a problem, too.  ( 19 min )

The Federal Reserve's preferred inflation metric showed prices continued to cool in September — a critical data point the Federal Reserve will consider as it weighs its next interest rate decision on Nov. 1.  ( 37 min )

Chris Watling, founder and CEO of Longview Economics, believes the U.S. economy is headed for “tough times.”  ( 33 min )

Mortgage REITS often have high dividends but can be vulnerable to swings in interest rates.  ( 31 min )

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(Bloomberg) -- The Federal Reserve’s preferred measure of underlying inflation accelerated to a four-month high in September and consumer spending picked up, keeping the door open to another interest-rate hike in the months ahead.Most Read from BloombergChina’s Ex-Premier Li Keqiang, a Reformer Sidelined by Xi, DiesHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaTech Giants Signal Rebound as Amazon, Intel  ( 34 min )

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The Federal Reserve's preferred inflation metric showed prices continued to cool in September — a critical data point the Federal Reserve will consider as it weighs its next interest rate decision on Nov. 1.  ( 36 min )

An inflation gauge that is closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer spending and strong economic growth. Friday’s report from the Commerce Department showed that prices rose 0.4% from August to September, the same as the previous month. September’s month-to-month price increase exceeds a pace consistent with the Fed’s 2% annual inflation target, and it compounds already higher costs for such necessities as rent, food and gas.  ( 33 min )

Exxon Mobil raised its dividend and said it was benefiting from high refining throughput and crude oil prices. However, Wall Street fears that the oil major’s growth plan carries risks.  ( 27 min )

The upbeat results at the investment manager reflect the strong rebound in markets this year, bolstered by expectations that the Federal Reserve can engineer a soft landing — a scenario where growth slows enough to get inflation under control, without a recession. Total assets under management at the end of the quarter was $1.35 billion, up 9.5% over the year earlier. Investment advisory fees were up 1.5% at $1.46 billion in the quarter, T. Rowe said.  ( 33 min )

Jamie Dimon, who has a net worth of about $2 billion, will unload about 1 million shares of JPMorgan stock.  ( 23 min )

AbbVie raises its earnings guidance for fiscal 2023.  ( 19 min )

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Ford’s gas-engine business is also costing more than it should—a difference from crosstown rival General Motors that investors are ignoring at their peril.  ( 29 min )

The impact of changes in Rivian's stock price on Amazon's earnings is getting smaller.  ( 21 min )

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Exxon Mobil raised its dividend and said it was benefiting from high refining throughput and crude oil prices. However, Wall Street fears that the oil major’s growth plan carries risks  ( 27 min )

U.S. Steel reported third quarter Ebitda of $578 million. Wall Street was looking for $554 million.  ( 23 min )

The reverse stock split will take place just one day before a Nasdaq deadline to raise its share price above a $1 threshold.  ( 20 min )

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(Bloomberg) -- JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon and his family intend to sell 1 million of the lender’s shares for financial diversification and tax-planning purposes.Most Read from BloombergChina’s Ex-Premier Li Keqiang, a Reformer Sidelined by Xi, DiesIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingChina, US Release D  ( 33 min )

The update to PCE — the Fed's preferred inflation gauge — will set expectations around whether a rate hike is coming.  ( 34 min )

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Apple faces a potential import ban on certain models of its smartwatch.  ( 21 min )

Chevron’s third-quarter earnings fall well short of Wall Street estimates but revenue beats expectations.  ( 23 min )

Exxon Mobil Corp on Friday posted a $9.1 billion third-quarter profit, an about 54% drop from record earnings a year ago but up from the prior quarter as oil prices recovered. Earnings at the largest U.S. oil producer have benefited from strong crude oil prices and demand for gasoline and diesel following the pandemic. Third quarter profit was $2.25 a share compared to $4.68 in the same quarter a year ago when oil and gas prices climbed following Russia's invasion of Ukraine.  ( 33 min )

(Bloomberg) -- Exxon Mobil Corp. boosted dividends more than expected and posted a surprise cash flow increase, reaping the benefits of strengthening crude prices and US oil-refining margins.Most Read from BloombergChina’s Ex-Premier Li Keqiang, a Reformer Sidelined by Xi, DiesIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingChina, US Release D  ( 34 min )

Chevron on Friday reported a fall in third-quarter profit despite higher oil prices, days after agreeing to buy smaller U.S. rival Hess Corp for $53 billion. The oil major posted a net profit of $6.5 billion, or $3.48 per share, compared to $11.2 billion or $5.78 per share, in the same period last year.  ( 32 min )

Sam Bankman-Fried is expected to take the stand on Friday at his fraud trial in New York on charges of looting billions of dollars in customer funds from his now-bankrupt FTX cryptocurrency exchange. Bankman-Fried started testifying on Wednesday at an unusual hearing outside the jury's presence. U.S. District Judge Lewis Kaplan asked him to preview his testimony about the involvement of lawyers in key decisions at the heart of the case so he could decide whether it was admissible as evidence.  ( 33 min )

Intel gained 7.9% after forecasting fourth-quarter revenue and margins above estimates as the chipmaker was optimistic about a rebound in personal computer sales, improved data center business and demand for manufacturing services. Megacap tech and tech-adjacent stocks including Microsoft, Meta Platforms, Tesla and Alphabet gained between 0.7% and 2.1% as U.S. Treasury yields dropped after Thursday's weaker-than-expected U.S. inflation and disposable income data. Investor focus will be on personal consumption expenditure for September, the Federal Reserve's preferred inflation metric, at 8:30 a.m. ET for more clarity on the monetary policy outlook.  ( 33 min )

Many people in the upper middle class are now millionaires thanks to college, savings, bull markets and timing.  ( 27 min )

French drugmaker says it will probably list its consumer care division  ( 6 min )

(Bloomberg) -- The S&P 500 is at risk of dropping another 5% after the index fell below a key technical level this week, according to Bank of America Corp.’s Michael Hartnett.Most Read from BloombergChina’s Ex-Premier Li Keqiang, a Reformer Sidelined by Xi, DiesIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingControversial Chip in Huawei Phone  ( 34 min )

The move makes Sanofi the latest drugmaker to sharpen its focus on prescription medicines by offloading adjacent businesses.  ( 29 min )

Soaring demand for obesity drugs was in the spotlight at the world's largest trade show for the pharmaceutical services industry this week, as it fuels a boom for firms that fill and assemble the self-injection pens. A surge in sales of Novo Nordisk's drug Wegovy, which launched in the United States in mid-2021, has propelled the Danish drugmaker to become Europe's most valuable company. U.S. rival Eli Lilly has become the world's most valuable healthcare firm this year as demand for its diabetes drug Mounjaro surges ahead of approval for its use as a weight-loss treatment in the United States, expected by the end of this year.  ( 34 min )

Air France-KLM said strong demand for air travel during the summer pushed revenue and profit higher in the third quarter, but not enough to meet forecasts as the group grapples with lingering inflation and high fuel prices.  ( 27 min )

Treasury bonds have had one of their worst three-year stretches on record. Why it can’t get much worse.  ( 47 min )

(Bloomberg) -- In the race to rebound from a two-year slowdown in spending on cloud computing, Microsoft Corp. is pulling ahead of its chief rivals, Amazon.com Inc. and Google. Most Read from BloombergLi Keqiang, China’s Second-Most Powerful Man for a Decade, Dies at 68Tech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4.9% Pace Last Quarter, Fa  ( 36 min )

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(Bloomberg) -- Embattled debt investors like the look of 5% Treasury yields as they weigh the risk-versus-reward scales for the world’s biggest bond market.Most Read from BloombergChina’s Ex-Premier Li Keqiang, a Reformer Sidelined by Xi, DiesIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingControversial Chip in Huawei Phone Produced on ASML Ma  ( 34 min )

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(Bloomberg) -- Another 10% decline in a major Chinese equity gauge may trigger a wave of selling in index futures tied to structured products, adding fresh risks to the slumping stock market. Most Read from BloombergTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021Israel Latest: Israel Says Key Planner of Oct. 7 Attacks KilledUPenn Fights Back Against Billionair  ( 34 min )

"Substitute algorithms for Joe Camel," says Fordham Law School professor Kenneth Rashbaum.  ( 37 min )

The Q3 earnings season is in full swing, and we’ve already seen the first wave of big tech results. Investors were not thrilled; Google parent Alphabet reported a slowdown in cloud revenues, and the stock market fell sharply on sentiment that Q3 earnings may not be as pretty as predicted. But the outlook is less cloudy for the coming year. In a recent note on current and coming conditions, investment bank Morgan Stanley notes that growth is expected to jump heading into next year: “For 3Q, conse  ( 37 min )

Warren Buffett's Berkshire Hathaway is being sued by the billionaire Haslam family, which accused the conglomerate of using improper accounting to devalue its remaining 20% stake in Pilot Travel Centers, the largest U.S. truck stop operator. The family, including Cleveland Browns football team owner Jimmy Haslam, sold Berkshire a 38.6% Pilot stake for $2.8 billion in 2017 and another 41.4% stake for $8.2 billion in January. According to a complaint made public on Thursday in Delaware Chancery Court, Berkshire has unilaterally and without consent adopted "pushdown" accounting rules that artificially reduce Pilot's earnings before interest and taxes, and "grossly" reduce how much the Haslams would receive if they sold their remaining stake.  ( 33 min )

The S&P 500 dropped 0.5% on Oct. 27, 2023, falling into correction territory as mixed earnings reports raised new concerns about a potential recession.  ( 1 min )

Solar power stocks tumbled after Enphase Energy missed sales and profit estimates and warned that current quarter revenue will be well below forecasts.  ( 1 min )

Shares of e-commerce giant Amazon soared Friday after a solid earnings beat, which helped lift the Nasdaq index from recent declines.  ( 1 min )

U.S. equities were mixed at midday on Friday, Oct. 27, 2023, as the tech sector got a lift from Amazon, which beat profit and sales estimates.  ( 1 min )

Stock futures were mixed in premarket trading Friday as tech stocks rebounded from a two-day sell-off after Amazon topped earnings estimates while oil giant's Chevron and Exxon weighed on energy.  ( 1 min )

Chevron shares fell after the oil giant reported earnings that came in below estimates on lower commodity prices and Amazon shares surged as its web services division drove revenue higher. Here’s what investors need to know today.  ( 1 min )

The best way to grow your financial advisory business quickly is to amp up the 'know,' the 'like' and the 'trust' factors.  ( 20 min )

The United Nations formed an advisory body to support greater international cooperation on the governance of artificial intelligence.  ( 17 min )

Charter Communications' revenue missed forecasts after a fee dispute with Walt Disney that led to the temporary blackout of Disney channels on Charter's cable system.  ( 17 min )

Wrap accounts—where brokerage account costs are "wrapped" into a single or fixed fee—are great if you wish to have a money manager take care of your assets. Charges are on a flat, quarterly, or annual basis, and cover administrative, research, advisory and management expenses.  ( 20 min )

The S&P 500 dropped 0.5% on Oct. 27, 2023, falling into correction territory as mixed earnings reports raised new concerns about a potential recession.  ( 17 min )

A loan officer is a representative of a bank, credit union, or other financial institution who assists borrowers in the process of applying for loans.  ( 22 min )

All eyes are on the Federal Reserve’s Wednesday meeting for hints about whether interest rates on all kinds of loans will remain at their highest in decades—or if they’ll go even higher.  ( 18 min )

The best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human or Sandia Area Federal Credit Union, and 5.80% from Seattle Bank.  ( 19 min )

Solar power stocks tumbled after Enphase Energy missed sales and profit estimates and warned that current quarter revenue will be well below forecasts.  ( 17 min )

Intel shares jumped Friday after the tech company’s third-quarter earnings beat estimates, in part driven by gains in its foundry business and surging interest in artificial intelligence, as well as signs of a recovery in the PC market.  ( 18 min )

When you give a donor-advised fund (DAF), you are setting your recipient up with financial resources to make a lasting charitable impact.  ( 29 min )

Shares of ExxonMobil and Chevron fell Friday after they reported third-quarter results, which highlighted why each made recent large acquisitions to boost their U.S. output.  ( 20 min )

The top shareholders of Chevron are Berkshire Hathaway/Warren Buffett, the Vanguard Group, BlackRock, Inc., and State Street Corporation.  ( 24 min )

When the federal government calculates how much SSI you will receive, they take into account your living arrangements.  ( 25 min )

Stocks, bonds, and other securities can be transferred as gifts while benefiting the giver. There are tax and other issues to consider.  ( 26 min )

A mortgage is a type of loan used to buy real estate, while personal loans are similar but aren’t restricted to real estate. Here’s what you need to know about a personal loan vs. a mortgage.  ( 26 min )

If you want to open a CD, and prefer sticking to a big bank with a household name, you have a good selection of competitive rates from some of the biggest banks right now.  ( 18 min )

A gift in trust is an indirect way to give assets to a beneficiary and avoids the tax on gifts that exceed the annual gift tax exclusion.  ( 23 min )

Ford shares tumbled Friday after third-quarter earnings fell short of estimates amid concerns about costs tied to the transition to electric vehicles and the automaker's tentative agreement with the United Auto Workers union.  ( 18 min )

Shares of e-commerce giant Amazon soared Friday after a solid earnings beat, which helped lift the Nasdaq index from recent declines.  ( 17 min )

Market sentiment reflects the overall attitude or tone of investors toward a particular security or larger financial market.  ( 23 min )

Extreme Ultraviolet Lithography is a relatively new technology that is used for printing intricate patterns unto semiconductor materials. Its extremely small wavelengths allows for finer etching of smaller features on chips.  ( 23 min )

The Supreme Court blocked the Biden-Harris administration's one-time student loan forgiveness plan. Is loan forgiveness off the table? New relief plans give a new avenue.  ( 25 min )

An ether futures ETF tracks the price of ether using derivatives contracts.  ( 28 min )

A spot bitcoin ETF would hold actual bitcoins and track its movement for investors.  ( 25 min )

A soft loan is financing with no interest or a below-market rate of interest and lenient terms that is often offered to developing countries.  ( 23 min )

Ether futures ETFs enable investors to speculate on the value of the cryptocurrency through their brokerage accounts.  ( 21 min )

Bond ETFs Offer Easy, Diversified Exposure to Fixed-Income Markets, but Increasing Interest Rates Can Send Their Prices Down  ( 23 min )

An in-depth look at cryptocurrency ETFs, their market implications, and the opportunities and risks they present.  ( 22 min )

A parlay bet is common in sports betting and is made up of two or more individual wagers. Combining bets makes them harder to win but increases their payout.  ( 24 min )

If you're not sure what gift taxes are, read on and we'll explain.  ( 25 min )

University of Michigan's measure of consumer sentiment fell after two steady months on increased worries from high earners and elevated inflation expectations.  ( 17 min )

Investopedia’s updated special edition print Retirement Guide explores where to retire, wealth-building strategies for every age, and how to make your money last.  ( 17 min )

Gold and silver are beautiful, sought-after precious metals. They can make a valuable and meaningful gift. But there are some important considerations to keep in mind.  ( 28 min )

Chevron shares fell after the energy giant posted worse-than-expected earnings on lower oil prices and higher costs.  ( 17 min )

ExxonMobil profit fell sharply from last year's all-time high on drops in oil and natural gas price realizations.  ( 17 min )

U.S. equities were mixed at midday on Friday, Oct. 27, 2023, as the tech sector got a lift from Amazon, which beat profit and sales estimates.  ( 16 min )

A home equity loan affects your eligibility for college financial aid, depending on the assessment tool that your chosen college uses.  ( 24 min )

Both ABLE accounts and special needs trusts (SNTs) give people with disabilities a way to save money tax-free, but there are important differences.  ( 28 min )

If the numbers on your receipts got bigger, and your bank account balance got smaller in September, you’re not alone, according to a monthly government report.  ( 20 min )

Although 30-year mortgage rates edged higher, the climb was slight and the 30-year average is holding its ground in a range cheaper than last week's historic peak.  ( 19 min )

If you bought I bonds when they were paying 9.62% last year, it may be smart to cash out, now that I bond rates have fallen. For some, the perfect withdrawal date is Nov. 2.  ( 20 min )

We surveyed 962 existing and potential personal loan borrowers, and more people said they sought a personal loan for debt consolidation than for any other purpose.  ( 20 min )

The best gifts are usually those that not only offer lasting value but have the potential to appreciate in value for years to come. On that basis, stocks are pretty hard to beat.  ( 28 min )

Not all 401(k) funds are created equal. In this guide, we’ll explain how to compare them.  ( 24 min )

Form W-4 determines how much tax your employer will withhold from your paycheck, so ensure it is filled out correctly.  ( 26 min )

Form W-9 is an Internal Revenue Service form which is used to confirm a person's taxpayer identification number (TIN).  ( 34 min )

See whether you qualify for a refundable tax credit to help pay for health insurance premiums—and what you need to do to obtain it.  ( 28 min )

Helping your child to buy a home⁠⁠ has upsides and downsides to keep in mind. Learn about the best ways to help your child own own a home and how to avoid mistakes.  ( 29 min )

Some home equity loans have fees for early repayment. In this guide, we'll explain what that means for you.  ( 23 min )

Social Security provides benefits to retirees, survivors, and disabled workers. How much you receive depends on your age and income. Learn how Social Security works.  ( 30 min )

An S corp meets IRS rules to be taxed under Chapter 1, Subchapter S of the Internal Revenue Code. Learn if an S corp is better than an LLC and more.  ( 29 min )

Chevron shares fell after the oil giant reported earnings that came in below estimates on lower commodity prices and Amazon shares surged as its web services division drove revenue higher. Here’s what investors need to know today.  ( 18 min )

From stimulus checks to quantitative easing, here’s what governments and central banks are doing around the world to provide stimulus and relief.  ( 90 min )

Investors seeking a virtuous approach should consider a socially responsible exchange-traded fund (ETFs).  ( 22 min )

Should you invest in a certificate of deposit or an exchange-traded fund? In this guide, we'll take you through both options.  ( 25 min )

Intel shares jumped Friday after the tech company’s third-quarter earnings beat estimates, in part driven by gains in its foundry business and surging interest in artificial intelligence, as well as signs of a recovery in the PC market.  ( 1 min )

Shares of ExxonMobil and Chevron fell Friday after they reported third-quarter results, which highlighted why each made recent large acquisitions to boost their U.S. output.  ( 1 min )

ExxonMobil profit fell sharply from last year's all-time high on drops in oil and natural gas price realizations.  ( 1 min )

Het kabinet verhoogt het minimumloon en de uitkeringen op Bonaire, Sint-Eustatius en Saba. Vooral voor Bonaire is dat goed nieuws. Daar is het minimumloon nu 1.236 Amerikaanse dollar (1.169 euro). Het nieuwe minimumloon wordt 1.750 dollar (1.654 euro).  ( 10 min )

Ook nu de coronapandemie voorbij is, werken veel Nederlanders nog regelmatig vanuit huis. Ongeveer een derde van de werkenden werkt gemiddeld zo’n 6,8 uur per week thuis. Op ons discussieplatform NUjij deelden veel lezers hun ervaringen.  ( 10 min )

De NS plaatst meer statiegeldautomaten op de vijf treinstations waar al inleverautomaten staan. Op dit moment staan er twaalf van zulke automaten op de centrale stations van de vier grote steden en Eindhoven Centraal. Dat worden er zeventien.  ( 9 min )

Sam Bankman-Fried, de van fraude verdachte oprichter van de failliete cryptobeurs FTX, heeft voor het eerst zijn verhaal gedaan. Hij probeerde de rechter ervan te overtuigen dat advocaten nauw betrokken waren bij de beslissingen die hebben geleid tot de ondergang van FTX.  ( 9 min )

Een deel van de failliete elektronicaketen BCC komt waarschijnlijk in handen van MediaMarkt. Het concern wil acht van de in totaal bijna zestig BCC-winkels overnemen, meldt toezichthouder ACM.  ( 8 min )

De verkoop van nieuwe bestelbusjes is flink aangetrokken. De afgelopen negen maanden zijn er in Nederland bijna 54.000 exemplaren verkocht, ruim 20 procent meer dan een jaar eerder.  ( 9 min )

Een Indonesisch passagiersvliegtuig heeft vrijdag voor het eerst op een brandstofmengsel van kerosine en palmolie gevlogen. Indonesië is de grootste palmolieproducent ter wereld en wil fossiele brandstoffen vaker gaan vervangen door biobrandstof.  ( 8 min )

Veel op vrouwen gerichte producten zouden duurder zijn dan vergelijkbare artikelen voor mannen, is de overtuiging bij het fenomeen pink tax. Zo wordt algemeen aangenomen dat vrouwen meer betalen voor scheermesjes, scheergels en doucheproducten dan mannen. Maar geregeld is juist het omgekeerde het geval.  ( 11 min )

De verpakkingsvrije online supermarkt Pieter Pot doet een nieuwe poging om zijn geldproblemen op te lossen. Klanten kunnen een deel van het bedrijf kopen. De super hoopt daarmee 3 miljoen euro op te halen.  ( 10 min )

Air France-KLM heeft afgelopen zomer zijn beste kwartaal ooit beleefd. De vraag naar vliegtickets was groot en de vliegtuigen zaten voller. Dat leverde het bedrijf een operationele winst van 1,3 miljard euro op.  ( 10 min )

Tesla heeft de recente prijsverlaging in China weer teruggedraaid. De Amerikaanse elektrische autofabrikant, die een grote fabriek heeft in Shanghai, verhoogde de prijs van zijn Model Y Performance SUV met ongeveer 2.000 dollar (zo'n 1.900 euro). De prijsverlaging van augustus werd daarmee weer ongedaan gemaakt.  ( 3 min )

Veel op vrouwen gerichte producten zouden duurder zijn dan vergelijkbare artikelen voor mannen, is de overtuiging bij het fenomeen pink tax. Zo wordt algemeen aangenomen dat vrouwen meer betalen voor scheermesjes, scheergels en doucheproducten dan mannen. Maar geregeld is juist het omgekeerde het geval.  ( 11 min )

(Bloomberg) -- Shares of solar equipment-maker Enphase Energy Inc. slumped after the company reported lower revenue amid a “substantial” drop in US and European demand that will likely last into next year.Most Read from BloombergTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021Israel Latest: Israel Says Key Planner of Oct. 7 Attacks KilledWhat Happened Inside Mo  ( 33 min )

(Bloomberg) -- Intel Corp. surged in late trading after predicting a return to sales growth in the fourth quarter, fueled by an improving personal computer market and a more competitive product line. Most Read from BloombergLi Keqiang, China’s Second-Most Powerful Man for a Decade, Dies at 68Tech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapIsrael Latest: Rocket Hits Egyptian Town; Oct. 7 Planner KilledControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4  ( 35 min )

Amazon reported its Q3 earnings after the bell. Here's how the e-commerce giant fared.  ( 34 min )

Amazon reported its Q3 earnings after the bell. Here's how the e-commerce giant fared.  ( 34 min )

Floridians are grappling with a severe insurance crisis exacerbated by policy decisions from the DeSantis administration, according to a recent report from the American Federation of Teachers (AFT). The union, which advocates for fairness, democracy and quality public education, found that homeowner insurance rates in the Sunshine State are nearly triple the national average. "Floridians are getting absolutely crushed by insurance rate hikes," an industry analyst said, pointing to an urgent need  ( 33 min )

(Bloomberg) -- Warren Buffett’s Berkshire Hathaway faces accusations it violated the terms of a more than $10 billion acquisition of truck-stop-chain Pilot Travel Centers by changing the accounting methods used to value part of the deal, according to an unsealed lawsuit. Most Read from BloombergQQQ Rally Wanes as Amazon Whipsaws After Earnings: Markets WrapControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021Israel Latest: Isra  ( 34 min )

The best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human or Sandia Area Federal Credit Union, and 5.80% from Seattle Bank.  ( 21 min )

The fast casual chain is well liked among Wall Street.  ( 34 min )

Enphase Energy predicted fourth-quarter sales of $300 million to $350 million, while analysts had expected $579 million.  ( 20 min )

(Bloomberg) -- Vale SA said it will reward investors with payouts and a new share buyback program as the Brazilian iron ore and nickel giant vies to appease shareholders concerned by softening Chinese demand.Most Read from BloombergChina’s Ex-Premier Li Keqiang, a Reformer Sidelined by Xi, DiesIsrael Latest: US Strikes Two Iran-Linked Facilities in SyriaTech Giants Signal Rebound as Amazon, Intel Rally: Markets WrapHouse Speaker Mike Johnson’s First Big Bill Cuts Biden’s Climate Change FundingCo  ( 34 min )

Amazon reported its Q3 earnings after the bell. Here's how the ecommerce giant fared.  ( 34 min )

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(Bloomberg) -- Sam Bankman-Fried, on trial for fraud in New York, isn’t the only crypto founder feeling the heat. Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineS&P 500 Falls to Lowest Since May as Tech Gets Hit: Markets WrapUS Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021Apple Plans AirPods Overhaul With New Low- and High-End Models, USB-C HeadphonesWhat Happened Inside Morgan Stanley After Ted Pick Was Named CEOThe Bloomberg Billionaires Index  ( 33 min )

Amazon reported its Q3 earnings after the bell. Here's how the e-commerce giant fared.  ( 33 min )

Profits a year ago befitted from high prices due to the war in Ukraine.  ( 24 min )

Intel reported revenue of $14.2 billion, ahead of Wall Street's $13.6 billion estimate.  ( 21 min )

Warren Buffett's Berkshire Hathaway sold its stakes in Wells Fargo, Goldman Sachs, and other banks before their stocks slumped this year.  ( 34 min )

Intel forecast fourth-quarter revenue above Wall Street estimates on Thursday, optimistic of a healthy rebound in client orders for its chips after a several-quarters-long inventory buildup in the PC market eased. The company forecast adjusted current-quarter revenue in the range of about $14.6 billion to $15.6 billion, compared with an estimate of $14.35 billion, according to LSEG data.  ( 31 min )

(Bloomberg) -- Momentum has turned in tech stocks and investors awakening from dreams of artificial-intelligence nirvana are back to a less grandiose concern: When will the selling stop?Most Read from BloombergQQQ Rally Wanes as Amazon Whipsaws After Earnings: Markets WrapControversial Chip in Huawei Phone Produced on ASML MachineUS Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021Israel Latest: Israel Says Key Planner of Oct. 7 Attacks KilledWhat Happened Inside Morgan Stanley After  ( 36 min )

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Stocks are struggling under the weight of disappointing Big Tech earnings and rising bond yields.  ( 46 min )

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FTX founder Sam Bankman-Fried testified that former chief regulatory officer, Daniel Friedberg, was responsible for setting up the bank account that routed FTX customer deposits to sister hedge fund Alameda Research. Friedberg worked with law firm Fenwick & West to draft the incorporation documents  ( 22 min )

Disappointment over tech earnings, high bond yields, and concern about the outlook for the price of oil are all hitting stocks.  ( 25 min )

Altria is seeing illegal electronic vaping devices smoke out part of its customer base. CFO Sal Mancuso says on a call with analysts that cigarette industry volumes were down even more than usual in the third-quarter. Part of that was because of inflation and economic factors weighing on customers,  ( 16 min )

Siemens Energy stock plunged on concerns about its wind business, Siemens Gamesa. GE stock was largely unaffected, but investors should keep an eye on developments at GE’s wind power peer.  ( 27 min )

The Biden Administration celebrated the surge in U.S. GDP growth Thursday, but economists and analysts warn it could be the last hurrah for an ailing economy.  ( 34 min )

Mortgage rates have been steadily climbing to highs not seen in over 20 years, and now a trend from the 1980s as reemerged. More buyers are seeking assumable loans.  ( 33 min )

(Bloomberg) -- The rout in US stocks has brought the S&P 500 Index to a crucial inflection point. It’s teetering near a correction after breaching 4,200 for the first time since May — a key technical level that may point to a longer-term selloff.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineApple Plans AirPods Overhaul With New Low- and High-End Models, USB-C HeadphonesUS Economy Grew at a 4.9% Pace Last Quarter, Fastest Since 2021S&P 500 Declines 1% as US St  ( 35 min )

Over the past 22 months, real estate investment trusts (REITs) have been decimated as high inflation, Federal Reserve interest rate hikes, declines in tenant occupancy, war and the threat of a hard-landing recession have impacted these stocks significantly. The peak for REITs was on Dec. 31, 2021. The Vanguard Real Estate Index Fund ETF (NYSE:VNQ), which tracks the performance of the MSCI US REIT Index, touched a high of $109.09 that day, but it's been downhill ever since. Its total return, incl  ( 35 min )

"Most Boomers locked in low mortgage rates,” the bank said. “The only group that took out mortgage debt meaningfully since 2021 is Millennials, seeing a 20% jump.”  ( 35 min )

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Stocks are struggling under the weight of disappointing Big Tech earnings and rising bond yields.  ( 44 min )

Apple. Microsoft, Nvidia, Tesla, Meta, Alphabet, and Amazon are all sliding Thursday.  ( 19 min )

More than a dozen witnesses have taken the stand to testify against Sam Bankman-Fried over the past three weeks. One by one, they have built on each others’ testimony, painting to the jury a picture of a crypto executive who lied to lenders and investors, doctored balance sheets and spent billions i  ( 25 min )

The agreement gives workers a 25% raise over the course of the contract and puts pressure on its Detroit rivals.  ( 30 min )

Investor Warren Buffett joined the recent oil-buying spree in the market this week by resuming Berkshire Hathaway's purchases of Occidental Petroleum stock for the first time in four months. Buffett's company said in a Securities and Exchange Commission filing late Wednesday that it invested more than $246 million to add to its already massive Occidental stake over the first three days of this week. Berkshire bought nearly 4 million more shares of the Houston-based oil producer to give it more than 228 million shares and control of nearly 26% of Occidental.  ( 34 min )

Mercedes has said electric car makers face a “brutal” market as competitors slash their prices and wealthy customers tighten their belts.  ( 32 min )

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I’m 77 years old and I requested my 401(k) fund administrator to prepare my RMD. I was told I do not have to withdraw my money if I am still employed. Please confirm if this in fact an IRS rule or that of the fund management company? -Bea That is correct, Bea. If you are […] The post Ask an Advisor: I’m 77 and Still Working. Is it True That I Don’t Have to Take RMDs? appeared first on SmartReads by SmartAsset.  ( 34 min )

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French video game producer Ubisoft confirmed on Thursday its guidance for the current financial year, as the company expressed confidence in its line-up after it beat its net booking estimate for the second quarter. Ubisoft, which has been dogged by game cancellations and delays, reiterated its forecast of a full-year non-IFRS operating income around 400 million euros, without releasing the other large game it had initially planned to launch during the last quarter of the current fiscal year.  ( 33 min )

PayPal and Block's stock reaction after a macroeconomic warning from France's Worldine shows how fear has gripped the payments sector.  ( 31 min )

Comcast reported a surprise loss of broadband subscribers in the third quarter — despite reporting a beat on both the top and bottom lines. The report sent its stock plunging.  ( 34 min )

Amazon.com shares edged lower ahead of the e-commerce giant’s quarterly results, set for release after the close. Amazon will be the latest of the “Magnificent Seven”—the Big Tech firms that have driven  ( 24 min )

The ecommerce giant will be under pressure to show numbers in its cloud business.  ( 34 min )

The e-commerce giant will be under pressure to show numbers in its cloud business.  ( 34 min )

Microsoft upgraded, F5 Networks downgraded: Wall Street's top analyst calls  ( 35 min )

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(Bloomberg) -- Hertz Global Holdings Inc. earnings missed estimates amid headwinds from Tesla Inc. price cuts and the high price of repairs for electric vehicles.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineApple Plans AirPods Overhaul With New Low- and High-End Models, USB-C HeadphonesIsrael Is Losing Support as Fury Grows Over Its Strikes on GazaWhat Happened Inside Morgan Stanley After Ted Pick Was Named CEOTrump Ally Mike Johnson Elected House Speaker, S  ( 34 min )

Comcast’s theme-park division did fine, but the company lost broadband customers.  ( 16 min )

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Berkshire Hathaway bought 3.9 million shares of the petroleum company earlier in the week, bringing the total value of its stake to $14.5 billion.  ( 16 min )

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Exxon Mobil's $59.5 billion deal to acquire oil and gas producer Pioneer Natural Resources may have been larger than Chevron's $53 billion agreement to buy Hess, but it is Chevron that is paying a loftier price tag. Pioneer generates twice as much annual cash as Hess, but the all-stock transactions value Pioneer at just 6.35 times its 12-month cash flow compared with 11.65 times for Hess.  ( 33 min )

Stocks are struggling under the weight of disappointing Big Tech earnings and rising bond yields.  ( 36 min )

The economy grew 4.9% in the third quarter despite high interest rates, inflation as consumer spending surged. Some economists still predict recession  ( 35 min )

PayPal and Block's stock reaction after a macroeconomic warning from France's Worldine shows how fear has gripped the payments sector.  ( 26 min )

Shares in Siemens Energy crashed to record lows after the energy-technology giant said it was talking to the German government and banks about guarantees to back long-term projects. The stock fell as much as 39% in Frankfurt, hitting the lowest levels since it was spun off as a public company in 20  ( 23 min )

Ford stock will react not just to the earnings, but to what the company says about the impact of a potentail deal with its striking auto workers.  ( 19 min )

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The Marlboro maker has been hiking prices of its traditional products to offset volume declines as many consumers, wary of health risks, opt for new options like vapes or oral nicotine. But price increases have caused Altria to lose further ground to cheaper cigarettes such as USA Gold, as inflation-weary consumers try to conserve cash. Marlboro's retail share of the total cigarette category decreased by 0.3 share points compared to a year ago, the company said.  ( 33 min )

Bristol Myers reports third-quarter earnings of $2 a share on revenue of $10.97 billion.  ( 15 min )

ConocoPhillips is considering an offer for CrownRock LP, an energy producer in the west Texas area of the Permian basin, people familiar with the matter said, as consolidation in the sector picks up pace. Houston-based Conoco, the largest U.S. oil and gas producer after Exxon Mobil Corp and Chevron Corp, has expressed interest in participating in the sale process for privately held CrownRock, which is valued between $10 billion and $15 billion, the sources said. CrownRock's investment bankers have asked interested parties to submit initial offers next week, two of the sources added.  ( 33 min )

With $1 million in a 401(k) and no mortgage on a $500,000 home, retirement at 60 may, in fact, be possible. However, retiring before eligibility for Social Security and Medicare mean relying more on savings. So deciding to retire at 60 calls for careful planning around healthcare, taxes and more. At any age, deciding whether […] The post My Wife and I Have $1 Million in a 401(k) and Fully Own a $500k Home. Can I Retire in 5 Years at 60? appeared first on SmartReads by SmartAsset.  ( 35 min )

Altria, the maker of Marlboro cigarettes posts third-quarter adjusted earnings of $1.28 a share, 1 cent short of Wall Street’s expectations.  ( 13 min )

Earnings are in the driving seat for stocks, as investors weigh disappointing reports from Big Techs.  ( 34 min )

Comcast on Thursday posted quarterly revenue that topped Wall Street estimates, bolstered by strong performance in streaming and theme parks, but also reported a surprise loss in broadband customers. Comcast lost 18,000 broadband customers in the quarter, as it faces more competition from wireless carriers such as Verizon and T-Mobile, which offer broadband. In its third set of results under a new reporting structure that includes NBCUniversal in the content and experiences segment, Comcast reported a .8% increase in revenue in the unit to $10.56 billion in the quarter.  ( 33 min )

Drugmaker Bristol Myers Squibb on Thursday pushed back by a year the time frame for its current new-product portfolio to hit $10 billion in sales as the ramp-up of new drugs including anemia treatment Reblozyl, psoriasis drug Sotyktu, and multiple sclerosis drug Zeposia takes longer than expected. "The long-term potential of these brands remains the same," BMS Chief Financial Officer David Elkins said in an interview, noting that the drugs are on pace to hit around $3.5 billion in sales this year. Bristol Myers reported that it earned $4.1 billion, or $2 per share, in the third quarter, down from $4.3 billion, or $1.99 a share, a year earlier.  ( 33 min )

Royal Caribbean Group raised its full-year profit forecast on Thursday, backed by higher ticket prices as well as steady demand from affluent customers for leisure travel. Shares of Miami, Florida-based company were up 4.3% at $86.35 in premarket trading. After months of being hindered by pandemic-related restrictions, cruise operators are now reaping the rewards as travelers gravitate to cruises that offer a range of fun activities under one roof and are cheaper compared to taking a land-based holiday such as that to a theme park This has given Royal Caribbean and its competitors the ability to further hike up itinerary prices , especially in North America and Europe, as occupancy levels no...  ( 33 min )

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U.S. defense company Northrop Grumman on Thursday raised its annual revenue target for the second time this year after reporting a jump in third-quarter revenue and profit helped by strong weapons demand. The tense geopolitical landscape has created a strong global appetite for U.S. weaponry, with nations actively engaged in negotiations and striking deals to acquire arms and looking to speed up ongoing contracts. Increased defense spending by the U.S. and its allies benefited Northrop's topline.  ( 33 min )

Last month, Southwest Airlines raised concerns about rising fuel costs and weaker leisure bookings in August, citing seasonality trends. The company's total expenses rose 10% to $6.41 billion in the quarter, partly attributable to higher labor rates for all employee workgroups, according to Southwest. "As we move into 2024, we are slowing our available seat miles growth rate to absorb current capacity ... and optimize schedules to current travel patterns," Southwest Airlines CEO Bob Jordan said on Thursday.  ( 33 min )

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United Parcel Service (UPS) cut its sales outlook after revenue slipped in the third quarter because of a slowdown in global demand for shipping. Its stock dropped 3.5% to under $142 in premarket trading. Shares were already down more than 15% this  ( 23 min )

Bitcoin might continue upward in the near future amid seemingly strong demand and activity.  ( 33 min )

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Mixed results from big tech companies like Microsoft, Alphabet and Meta won't be enough to pull stocks out of their yield-driven rut.  ( 35 min )

Siemens Energy shares lost almost a third of their value after the company said losses at its wind-turbine business in fiscal 2024 would be worse than current market expectations, as it works through quality issues and ramp-up challenges in offshore.  ( 26 min )

Small-cap stocks closed near a three-year low on Wednesday, reversing all the gains realized after President Biden's election win.  ( 35 min )

Sifting through the flood of data generated by the stock markets is a daunting task – but Wall Street’s professional stock analysts are up to it. They’ve made careers, and reputations, by finding the golden nuggets in the data stream, the stocks that are ready for gains and are showing solid returns. The Street’s best analysts, who have compiled enviable records of success in recommending stocks to buy or avoid, bring analytical minds and deep experience to their calls – and investors would be w  ( 37 min )

Shares skidded Thursday in Europe and Asia after Wall Street tumbled as bond yields tightened their chokehold. The gap between the minus 0.1% Japanese benchmark rate and much higher rates in the U.S. and elsewhere has driven the dollar's value sharply higher against the yen.  ( 35 min )

Amazon.com reported earnings after the close on Thursday. Wall Street sees Amazon Web Services revenue improving 12.9% in the quarter to $23.2 billion.  ( 19 min )

Mercedes-Benz reported a 7% drop in third-quarter underlying earnings and weaker revenue, as lower passenger car sales and increased tech investments weighed.  ( 26 min )

On the prowl for villains, Beijing expands real-estate probe to financial institutions.  ( 30 min )

Berkshire bought 3.9 million shares of the petroleum company earlier in the week, bringing the total value of its stake to $14.5 billion.  ( 15 min )

(Bloomberg) -- The United Auto Workers reached a tentative labor agreement with Ford Motor Co., people familiar with the negotiations said. The breakthrough puts pressure on the carmaker’s two chief rivals — which are set to meet with the union Thursday — to reach deals and end a protracted strike that has cost the industry billions of dollars.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachinePost-Earnings Meta Rally Fails to Prop Up QQQ: Markets WrapTrump Signal  ( 34 min )

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For most of this year, investor sentiment was high, and the markets were on an upward tear. But that sputtered to a halt at the end of the summer, and this fall has seen a pullback in the main indexes. We’re still up for the year-to-date, but not by as much as we were in July. At this writing, the S&P 500’s year-to-date gain is 9%, and the NASDAQ’s is 22%. It is most accurate to say that current conditions are volatile and unsettled. Both the bulls and bears can find plenty of evidence and prece  ( 37 min )

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Intel's earnings fell but came in well ahead of expectations, which the company attributed to strong operating leverage and expense discipline.  ( 1 min )

Amazon's profit more than tripled, outpacing analysts' estimates, as a burgeoning ad sales business grew 26%.  ( 1 min )

Stellantis said it would invest $1.6 billion in China's Leapmotor to raise its presence in the world's largest electric vehicle market.  ( 1 min )

The United Auto Workers strike against Ford (F), General Motors (GM), and Stellantis (STLA), threatens to complicate the Big Three automakers' already-difficult transition to electric vehicles (EVs).  ( 1 min )

Chinese EV maker Xpeng plans to launch its Navigation Guided Pilot in the EU by the end of 2024, and expand the service to 50 cities in China.  ( 1 min )

United Auto Workers (UAW) announced that it has reached a "tentative agreement" with automaker Ford Motor Co. (F), potentially bringing an end to a six-week strike action if it is ratified.  ( 1 min )

Morgan Stanley (MS) named Edward (Ted) Pick as the company's next chief executive officer, succeeding James Gorman, who held the position since 2010.  ( 1 min )

Intel's earnings fell but came in well ahead of expectations, which the company attributed to strong operating leverage and expense discipline.  ( 18 min )

The best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human or Sandia Area Federal Credit Union, and 5.80% from Seattle Bank.  ( 19 min )

Gross profit is the profit a company makes after deducting the costs of making and selling its products or the costs of its services.  ( 27 min )

Comparing Bitcoin vs. Ethereum shows that ether's surging popularity has made it a potent competitor token to bitcoin, even with less market cap and volume.  ( 24 min )

Amazon's profit more than tripled, outpacing analysts' estimates, as a burgeoning ad sales business grew 26%.  ( 17 min )

The United Auto Workers strike against Ford (F), General Motors (GM), and Stellantis (STLA), threatens to complicate the Big Three automakers' already-difficult transition to electric vehicles (EVs).  ( 19 min )

A cost-of-living adjustment (COLA) is made to Social Security and Supplemental Security Income to adjust benefits to counteract the effects of inflation.  ( 25 min )

The S&P 500 fell 1.2% on Thursday, Oct. 26, 2023, following weak corporate earnings and warnings from companies about full-year sales.  ( 16 min )

Stellantis said it would invest $1.6 billion in China's Leapmotor to raise its presence in the world's largest electric vehicle market.  ( 17 min )

Loan officers and mortgage brokers can help secure a home loan, but there are differences.  ( 22 min )

Revenue at Bristol Myers Squibb declined as competition from generics captured some of the sales of its popular blood cancer drug, Revlimid.  ( 17 min )

Personal loans provide borrowers with an initial lump sum to pay off over time, while credit builder borrowers pay the loan first and receive the money later.  ( 26 min )

Nonce means a number added to a hashed, or encrypted, block in blockchain that, when rehashed, meets prescribed difficulty-level restrictions, underpinning security.  ( 23 min )

Be prepared to spend more on your Halloween costume this year, as inflation is making your favorite Halloween staples more expensive, according to an analysis of data from the National Retail Federation by Investopedia.  ( 18 min )

You must live in a house to have a reverse mortgage on it. In this guide, we’ll explain the rules.  ( 25 min )

Find out the history behind the controversial FICA cap on wages.  ( 24 min )

Merck's profit and revenue beat estimates as sales of its drugs for cancer and COVID-19, along with its HPV shot, were higher than expected.  ( 17 min )

Substantial gainful activity (SGA) marks the salary threshold used by the Social Security Administration to determine eligibility for disability benefits.  ( 23 min )

Chinese EV maker Xpeng plans to launch its Navigation Guided Pilot in the EU by the end of 2024, and expand the service to 50 cities in China.  ( 17 min )

Shares of Meta Platforms (META) fell sharply Thursday after the company's executives said fourth-quarter performance could be impacted by macroeconomic and geopolitical uncertainty, including the outbreak of conflict in the Middle East.  ( 18 min )

They measure different things but inflation and cost of living are inextricably linked. Here's how they interact.  ( 27 min )

The National Labor Relations Board issued a rule Thursday that expands the definition of “joint employer,” making it more likely that a company will be legally considered the employer of people that work for them through contractors, staffing agencies, franchises, or other arrangements.  ( 18 min )

If you are caring for a disabled child, you have a wide range of federal and state benefits available to you.  ( 26 min )

Through these regulations, the Reserve Bank of India steers India's banking sector away from risk and toward its goals for India's economy and society.  ( 25 min )

You can inherit a certificate of deposit (CD) in several ways. In this guide, we'll explain how.  ( 23 min )

Thinking about investing in nonfungible tokens (NFTs)? Learn more about owning these tokenized assets before you make any NFT purchasing or selling decisions.  ( 21 min )

U.S. equities dropped at midday on Thursday, Oct. 26, 2023 after weak earnings news and corporate warnings.  ( 16 min )

Adjustable rate mortgages (ARMs) now make up 16% of all mortgage value, and applications for them jumped to more than 9% as homebuyers seek ways to afford mortgage payments with rising interest rates.  ( 19 min )

Shares of Mattel and Hasbro plunged as both toymakers warned of soft holiday sales.  ( 18 min )

Despite the unexpected uptick, home sales are still down since last year—and may remain that way for the rest of 2023.  ( 17 min )

Southwest Airlines shares lost ground after reporting profit tumbled as the carrier faced higher fuel and labor costs.  ( 17 min )

Rates on 30-year mortgages gave up a minimal basis point, keeping them at their lowest level in more than a week. Many other averages were also relatively unchanged.  ( 19 min )

Aircraft sales drove up durable goods orders by 4.7% in September, far ahead of economist expectations for a 2% increase, and reversing two straight months of decline.  ( 19 min )

UPS shares tumbled after the delivery company reported revenue and profit declined in the third quarter as labor and fuel costs rose, and lowered its full-year guidance.  ( 18 min )

Learn about moral hazard, how it can affect outcomes, and how it contributed to the conditions that led to the 2008 financial crisis.  ( 23 min )

The U.S. economy isn’t cooperating with the Federal Reserve’s plan to slow it down, thanks to consumers who just won’t stop spending.  ( 18 min )

Mastercard Inc. third-quarter results came in ahead of expectations, with the payments processor reporting a second consecutive quarter of profit growth on continued strong consumer spending trends  ( 17 min )

Comcast posted better-than-expected earnings in the third quarter due to stronger theme park revenue and subscriptions for its Peacock streaming service despite another quarter of declining broadband subscriptions.  ( 17 min )

Shares of financial tech firms Affirm, Block, and PayPal dropped following a warning about consumer spending from French payments company Worldline.  ( 17 min )

You can only have one reverse mortgage, but there are other ways of accessing equity  ( 24 min )

Here are answers to 10 frequently asked Social Security questions, including when to file, how much you’ll get, and whether the program is in trouble.  ( 29 min )

Shares of Instagram parent Meta Platforms fell after warning of softer ad sales amid economic uncertainty and the United Auto Workers union said it reached a tentative agreement with Ford. Here’s what investors need to know today.  ( 18 min )

United Auto Workers (UAW) announced that it has reached a "tentative agreement" with automaker Ford Motor Co. (F), potentially bringing an end to a six-week strike action if it is ratified.  ( 17 min )

The Social Security Act established a benefits system in 1935 for people who are retired, jobless, or have a disability. A payroll tax funds these benefits.  ( 25 min )

Universal healthcare coverage systems are set up to ensure that all legal residents of a given jurisdiction have health insurance.  ( 24 min )

Active or Passive ETF investing? Find out which one is for you.  ( 26 min )

Medicare Part A, or Medicare hospital coverage, is one of the four parts of Medicare, the government’s health insurance program for older adults.  ( 26 min )

Under the Inflation Reduction Act, Medicare can now negotiate the price of some high-cost prescription drugs. Learn how to get lower drug costs through Medicare Part D.  ( 22 min )

Medicare supplement insurance, also known as Medigap, is private insurance sold to complement original Medicare coverage.  ( 27 min )

Medicare has rules regarding prescription drug coverage that must be followed, or you could wind up paying a penalty indefinitely.  ( 26 min )

One of the most important topics in retirement is Medicare. Here is the lowdown on how it works and what it may cost you.  ( 28 min )

The majority of Medicare recipients receive benefits when they turn 65, but you may be eligible at a younger age if you have a qualifying disability, ESRD, or ALS.  ( 23 min )

Retirement expenses such as health insurance, home renovations, and a new car could drain your funds if you don't plan for them now.  ( 27 min )

The S&P 500 fell 1.2% on Thursday, Oct. 26, 2023, following weak corporate earnings and warnings from companies about full-year sales.  ( 1 min )

Shares of Meta Platforms (META) fell sharply Thursday after the company's executives said fourth-quarter performance could be impacted by macroeconomic and geopolitical uncertainty, including the outbreak of conflict in the Middle East.  ( 1 min )

U.S. equities dropped at midday on Thursday, Oct. 26, 2023 after weak earnings news and corporate warnings.  ( 1 min )

Shares of Mattel and Hasbro plunged as both toymakers warned of soft holiday sales.  ( 1 min )

Stock futures sank in premarket trading Thursday as Meta's earnings beat failed to pause yesterday's tech slide ahead of Amazon's quarterly earnings report after the bell.  ( 1 min )

Shares of financial tech firms Affirm, Block, and PayPal dropped following a warning about consumer spending from French payments company Worldline.  ( 1 min )

Shares of Instagram parent Meta Platforms fell after warning of softer ad sales amid economic uncertainty and the United Auto Workers union said it reached a tentative agreement with Ford. Here’s what investors need to know today.  ( 1 min )

De landelijke Britse overheid zei donderdag dat lokale overheden moeten stoppen met proeven met een vierdaagse werkweek voor hun werknemers. Hierdoor zouden de lokale overheden minder werk afkrijgen en dat zou de belastingbetalende burger benadelen.  ( 9 min )

Het Nederlands klimaatbeleid is niet rechtvaardig ten opzichte van de rest van de wereld. Dat zegt de Adviesraad Internationale Vraagstukken (AIV). De raad overhandigt vandaag een stappenplan aan demissionair klimaatminister Rob Jetten. "De ambitie moet omhoog."  ( 10 min )

Het Europees Parlement presenteert donderdag een aangepast wetsvoorstel om online kindermisbruik aan te pakken. Over de wet wordt al jaren fel gediscussieerd. Partijen lagen met elkaar overhoop over de vraag of een harde aanpak of juist preventie het beste werkt.  ( 12 min )

Nederlandse personenauto's, bestelbusjes, vrachtwagens en bussen hebben in 2022 in totaal bijna 144 miljard kilometer in binnen- en buitenland gereden. Dat is 7 procent meer dan een jaar eerder. Vooral elektrische en hybride auto's hebben veel meer kilometers afgelegd.  ( 9 min )

De economie in de Verenigde Staten groeide afgelopen kwartaal maar liefst 4,9 procent. Dit ondanks een aantal renteverhogingen en een afremmende wereldeconomie. Het is de grootste groei sinds 2021.  ( 8 min )

Tata Steel mag niet claimen dat de uitstoot van kankerverwekkende pak-stoffen tussen 2019 en 2022 is gehalveerd. Die claim is niet aantoonbaar juist, omdat niet alle mogelijke bronnen zijn onderzocht, stelt de Reclame Code Commissie.  ( 9 min )

Het Europees Parlement presenteert donderdag een aangepast wetsvoorstel om online kindermisbruik aan te pakken. Over de wet wordt al jaren fel gediscussieerd. Partijen lagen met elkaar overhoop over de vraag of een harde aanpak of juist preventie het beste werkt.  ( 12 min )

De ECB houdt een rentepauze na een reeks van tien verhogingen in ruim een jaar tijd. De Europese inflatie is niet volledig teruggezakt, maar de ECB wil de rente voorlopig niet verder verhogen. Anders zou het economisch te veel pijn doen.  ( 10 min )

De centrale bank in Turkije schroeft de rente in het land opnieuw stevig op, van 30 naar 35 procent. Dit moet de nog altijd gierende inflatie in het land in toom houden.  ( 8 min )

Dichte mist veroorzaakt donderdag problemen op Schiphol. Tientallen vluchten zijn vertraagd of worden geannuleerd. De mist kan mogelijk de rest van de dag het vluchtschema verstoren.  ( 8 min )

De kinderopvangsector krijgt er steeds meer personeel bij. Al jarenlang stromen er duizenden mensen meer in dan er vertrekken. En toch lijken de wachtlijsten voor nieuwe ouders maar niet te slinken.  ( 11 min )

De winst van Vattenfall was in de eerste negen maanden van dit jaar veel lager dan in 2022. Dat werd veroorzaakt doordat de energieprijzen flink zijn gedaald sinds vorig jaar.  ( 8 min )

De Europese Centrale Bank (ECB) heeft in ruim een jaar de rente tien keer verhoogd om de inflatie te bestrijden. Doel is om lenen minder aantrekkelijk te maken en dat lukt, blijkt uit nieuwe cijfers. Daarom zal een elfde renteverhoging komende donderdag uitblijven, verwachten experts.  ( 10 min )

Hoewel de lockdowns al een tijdje voorbij zijn, werkt een op de drie Nederlanders nog steeds regelmatig vanuit huis. Daarbij gaat het vooral om hybride werken, een mix van thuis en op kantoor. Fulltime thuiswerken gebeurt maar weinig.  ( 10 min )

Unilever verkocht in het afgelopen kwartaal minder producten, maar verdiende door prijsverhogingen wel meer geld. Het bedrijf achter merken als Magnum, Dove en Calvé behaalde een kwartaalomzet van 15,2 miljard euro.  ( 9 min )

Gebruik jij Facebook, Instagram of WhatsApp? Dan heeft Facebook-moederbedrijf Meta in het afgelopen kwartaal omgerekend ruim 10 euro aan jou verdiend. Het socialemediabedrijf heeft in die drie maanden meer adverteerders weten te strikken.  ( 9 min )

HelloFresh heeft voor het tweede kwartaal op een rij minder dozen met boodschappen bezorgd. Het Duitse bedrijf ziet klanten mogelijk vanwege de hoge inflatie bezuinigen op bestellingen.  ( 8 min )

Mattel heeft in het afgelopen kwartaal veel meer Barbies verkocht. Daarmee lijkt het speelgoedconcern te profiteren van de succesvolle film Barbie, die eerder dit jaar is verschenen.  ( 9 min )

Na een lange periode van stakingen heeft de Amerikaanse vakbond voor de auto-industrie UAW een voorlopig akkoord gesloten met autoproducent Ford. De partijen zijn een forse loonsverhoging van 25 procent overeengekomen. Bij meerdere grote autoproducenten werd al ruim een maand gestaakt.  ( 8 min )

Nederlandse personenauto's, bestelbusjes, vrachtwagens en bussen reden in 2022 in totaal bijna 144 miljard kilometer in binnen- en buitenland, 7 procent meer dan een jaar eerder. Vooral elektrische en hybride auto's reden veel meer kilometers.  ( 8 min )

Mattel verkocht in het afgelopen kwartaal veel meer barbiepoppen. Daarmee lijkt het speelgoedconcern de vruchten te plukken van de succesvolle Barbie-film die eerder dit jaar werd uitgebracht.  ( 9 min )

Hoewel de lockdowns al een tijdje voorbij zijn, werkt een op de drie Nederlanders nog steeds regelmatig vanuit huis. Daarbij gaat het vooral om hybride werken, een mix van thuis en op kantoor. Fulltime thuiswerken gebeurt maar weinig.  ( 9 min )

De Turkse economie zit al tijden in zwaar weer. Critici wijzen naar de invloed van president Recep Tayyip Erdogan als belangrijkste oorzaak. Wat is er veranderd sinds zijn verkiezingswinst in mei? Is er licht aan het einde van de tunnel?  ( 10 min )

Morgan Stanley (MS) named Edward (Ted) Pick as the company's next chief executive officer, succeeding James Gorman, who held the position since 2010.  ( 17 min )

Make sure you know the difference between a change in market outlook and a short-term recovery.  ( 23 min )

The three best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human, and 6.00% from Sandia Area Federal Credit Union.  ( 19 min )

Reverse mortgages are the same in Puerto Rico, the U.S. Virgin Islands, and Guam as they are in the 50 states.  ( 26 min )

The companies student loan borrowers do business with are closely monitoring how much money people are diverting to payments.  ( 18 min )

Shares of ADP fell 9% Wednesday as a mixed earnings report from the payroll services provider failed to satisfy investors. Revenue fell just short of expectations, despite an EPS beat.  ( 17 min )

The millennial generation is now driving the U.S. housing market, with an added 7.4 million purchases since 2018.  ( 17 min )

Meta's foray into generative AI for advertisers could push ad spend for Facebook and Instagram even higher.  ( 17 min )

The S&P 500 dropped 1.4% on Wednesday, Oct. 25, 2023, with Alphabet's earnings report and rising borrowing costs pressuring tech stocks.  ( 16 min )

Learn what it means when a borrower's or investor's loan or investment account accrues interest daily and how different compounding periods change the loan balance.  ( 22 min )

American Express CD rates can be much higher than average with certain terms, and there’s no minimum balance to open a new CD.  ( 21 min )

U.S. Bank CD rates are relatively high if you can meet a higher deposit requirement, but some options are unappealing. Existing customers can get personalized rates.  ( 21 min )

If you’re interested in opening a new certificate of deposit (CD) account, Schwab offers a simple brokered CD with attractive rates. Here’s what to know about Schwab CD APYs, terms, and features.  ( 25 min )

With rising interest rate,s a CD can be a good place to stash funds. Compare CD rates and terms from Santander Bank and find the best CD account for your savings goals.  ( 20 min )

With a minimum deposit and a guaranteed return, certificates of deposit (CDs) can be a viable investment. See what Navy Federal CD rates have to offer.  ( 24 min )

Investing in cryptocurrency ETFs? Here’s what you need to know about bitcoin futures ETFs and ether futures ETFs.  ( 24 min )

Boeing reduced its estimate for 737 Max deliveries this year because of inspections for a potential fuselage problem.  ( 17 min )

Huntington Bank’s CD rates are very competitive for certain terms. Check out Huntington’s latest CD offer and find out how you can maximize your savings with one of the best rates in the market.  ( 22 min )

There are countless CD options, and it can be hard to choose. Gain a thorough understanding of Bank of America’s CD rates to make a well-informed decision about opening an account.  ( 26 min )

The economic boom that the U.S. economy experienced in 2022 came hand-in-hand with a resurgence in credit card debt.  ( 17 min )

How blockchain ETFs work and the risks associated with such theme-based investments.  ( 24 min )

Perpetual futures are derivatives contracts that lack an expiry date. Popular with cryptocurrency traders, these contracts instead use a funding rate mechanism to keep their prices near the spot price.  ( 24 min )

Temporal discounting is the human tendency to choose for immediate gratification at the expense of future benefits.  ( 28 min )

The White House and consumer electronics giant Apple (AAPL) have become unlikely allies in pushing for a national “right to repair” law that would require manufacturers to support independent repair shops and consumers in fixing broken devices.  ( 18 min )

The bitcoin price briefly crosses $35,000; however, the rest of the crypto market is still lagging behind. But analysts think growing small investor participation may be good news for bitcoin prices.  ( 18 min )

The Medicare donut hole is a coverage gap that can exist with Part D prescription drug coverage. Learn how the Medicare donut hole works and how to close it.  ( 23 min )

Microsoft Corp.'s fiscal first-quarter earnings showed a surprise improvement in its Azure cloud segment.  ( 17 min )

We researched and evaluated more than 70 personal loan lenders and rated them based on APRs, loan amounts and terms, credit requirements, customer experience, and more.  ( 24 min )

Understand how open market operations affect the supply of money in the economy and learn the specific ways that the Federal Reserve changes the money supply.  ( 23 min )

T-Mobile U.S. beat earnings estimates and raised its outlook as the wireless provider added more customers than analysts had expected.  ( 17 min )

Shares of Google parent Alphabet tumbled more than 9% in intraday trading Wednesday after the tech giant's cloud revenue fell short of expectations in the third quarter, but analysts say investors needn't worry.  ( 19 min )

U.S. equities were mixed at midday on Wednesday, Oct. 25, 2023, as the tech sector lost ground after Google parent Alphabet reported lower-than-expected cloud revenue.  ( 16 min )

Reverse mortgage applicants must be at least 62 years old and own a significant amount of equity in their home.  ( 24 min )

Medicare Advantage costs $18 per month, on average, but can vary widely. Find out averages for premiums, deductibles, and out-of-pocket expenses across insurers.  ( 25 min )

Fisher Thermo Scientific shares tumbled to a more than three-year low as sales missed estimates and the company cut its guidance.  ( 17 min )

Who wouldn't want to retire early? The question is, how much will it cost? Here's a quick and dirty way to get an answer.  ( 25 min )

Rates on 30-year mortgages have continued their yo-yo pattern—this time with a notable drop to fall further below the 23-year peak they registered last week.  ( 19 min )

We reviewed the best brokers for international trading platforms for both U.S.-based and non-U.S. citizens. Get details on the features, as well as their pros and cons.  ( 28 min )

Social Security credits are used to determine eligibility and benefit amount for benefits, so make sure to understand how many are required.  ( 25 min )

In a reverse mortgage, a crossover loss occurs when the loan balance exceeds the property value at the time that the loan pays off.  ( 24 min )

Amazon said it would launch a separate, "sovereign" cloud in Europe, tailored to address stricter privacy standards and support public sector clients.  ( 17 min )

U.S. President Joe Biden released $3.7 billion in funding for the Low Income Home Energy Assistance Program and introduced a national eligibility tool to support households with energy costs amid high inflation.  ( 19 min )

The tax savings of non-qualified deferred compensation plans are not the only tax-related fact you need to know before signing up for one.  ( 24 min )

Looking for somewhere to trade actively? We reviewed the best day trading platforms based on execution speed, ease of use, pricing, reliability, and customer service.  ( 31 min )

The Securities and Exchange Commission has charged investment manager Blackrock for failing to properly disclose entertainment investments in a fund it advised.  ( 16 min )

Shares of Google parent Alphabet fell after the search giant’s cloud revenues came in lower than expected and Microsoft shares pushed higher after it was able to grow its Azure cloud business. Here’s what investors need to know today.  ( 18 min )

Ticket to Work Program helps people receiving Social Security Disability Insurance return to work without risking benefits.  ( 28 min )

Primary insurance amount is a calculation, used with the average indexed monthly earnings (AIME), to determine a person's Social Security benefits.  ( 23 min )

The taxable wage base is the maximum amount of earned income that employees must pay Social Security taxes on.  ( 27 min )

General Agreements to Borrow (GAB) was a lending medium offered through the International Monetary Fund by the Group of Ten countries.  ( 22 min )

Social Security disability payments may or may not count as earned income. Learn when you can or can’t use them to invest in a Roth IRA.  ( 26 min )

Stock traders watch a so-called thrusting line as part of a pattern that indicates increasing demand for a particular stock.  ( 24 min )

Average indexed monthly earnings (AIME) is used to determine the primary insurance amount (PIA) that values an individual's social security benefits.  ( 24 min )

Medicare wages are employee earnings that are subject to a U.S. payroll tax known as the Medicare tax.  ( 25 min )

The term weightless economy refers to the trade of products and services that are abstract or intangible, such as professional services.  ( 21 min )

Ford Motor and the negotiators of the United Auto Workers (UAW) union have reached a tentative labor deal, pending union leadership approval, three sources familiar with the matter said on Wednesday. A deal would be the first settlement of strikes against Ford, General Motors and Chrysler-parent Stellantis . More than 45,000 union members working at the Detroit Three automakers have joined walkouts that began on Sept.  ( 32 min )

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(Bloomberg) -- Asian stocks are set to tumble to their lowest in nearly a year while US futures extended declines as a batch of poor corporate earnings soured sentiment. Currency traders were on edge after the yen weakened past a key level. Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineApple Plans AirPods Overhaul With New Low- and High-End Models, USB-C HeadphonesIsrael Is Losing Support as Fury Grows Over Its Strikes on GazaTrump Ally Mike Johnson Elected H  ( 35 min )

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(Bloomberg) -- Meta Platforms Inc. posted revenue growth that beat the average analyst estimate, showing investors the company can improve the core advertising business while investing heavily in artificial intelligence and virtual reality. Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineTrump Signals Support for Johnson’s Bid to Become House SpeakerTech-Heavy ETF Up in Late Hours as Meta Rallies: Markets WrapChina Developer Country Garden Deemed in Default on  ( 33 min )

United Parcel Service agreed to acquire Happy Returns, a software and reverse logistics company that handles returns for retailers, from PayPal.  ( 27 min )

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The social media giant delivered above expectations for both its top and bottom lines.  ( 35 min )

Meta reported its third quarter earnings on Wednesday after the bell.  ( 34 min )

The two sides have moved closer on key bargaining issues in recent days, though there is still a possibility talks could stall.  ( 30 min )

UPS said as a result of the deal, label-free returns will soon be available at thousands of locations in the U.S.  ( 27 min )

(Bloomberg) -- Looking for a unifying theory on what’s ailing equities in a world of vacillating bond yields, iffy earnings and mixed messages from the Federal Reserve? Try valuations.Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachineTrump Signals Support for Johnson’s Bid to Become House SpeakerTech-Heavy ETF Up in Late Hours as Meta Rallies: Markets WrapChina Developer Country Garden Deemed in Default on Dollar Bond for First TimeTrump Ally Mike Johnson Elected  ( 35 min )

After several years of underperformance, 2023 has been marked by a bit of a comeback for Intel (NASDAQ:INTC). The chip giant’s Q2 results exceeded expectations, boosted by indications the PC market is gradually rebounding. With the company readying to release its Q3 statement on Thursday (October 26th after the close), can the turnaround story truly take shape? That is still up for debate, says Stifel’s Ruben Roy, a 5-star analyst rated in the top 2% of the Street’s stock pros. On the one hand,  ( 34 min )

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Treasury yields pushed higher, putting more pressure on already strained tech stocks.  ( 46 min )

(Bloomberg) -- An earnings restatement from SunPower Corp. and a short seller’s notice on Sunrun Inc. helped drag solar stocks lower, as investors brace for what could be a round of disappointing quarterly reports across the industry. Most Read from BloombergControversial Chip in Huawei Phone Produced on ASML MachinePost-Earnings Meta Rally Fails to Prop Up QQQ: Markets WrapTrump Ally Mike Johnson Elected House Speaker, Shifting GOP Further RightTrump Signals Support for Johnson’s Bid to Become  ( 34 min )

Want to save $83,000 over the 30-year life of a mortgage on a $300,000 home? Think carefully about what you’re really pursuing.  ( 34 min )

Billionaire hedge fund manager Bill Ackman, who traditionally invests in stocks, earned roughly $200 million from a bet against U.S. 30-year Treasury bonds, a person familiar with the trade said on Wednesday. Ackman said on Monday on X, "we covered our bond short" some 12 weeks after he announced the bet on the messaging platform formerly known as Twitter. "The economy is slowing faster than recent data suggests," Ackman said in the post, adding "There is too much risk in the world to remain short bonds at current long-term rates."  ( 32 min )

Alphabet's cloud results were weak, but the more concerning news came from Texas Instruments.  ( 22 min )

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The fintech contagion spread across the ocean on Wednesday following a dramatic repricing in the European sector. Shares of buy-now-pay-later company Affirm dropped 15%. Payments company Block fell 8%. And PayPal Holdings retreated by nearly 5%. These sell-offs were on the heels of a [warning from  ( 24 min )

German luxury brand Porsche and EV stalwart Tesla make strange bedfellows, unless it comes to warning about high interest rates crimping demand.  ( 34 min )

Penny stocks are risky but have the potential to triple initial investments. While risk-averse investors might associate penny stocks with gambling, conducting proper research and noting market sentiment regarding such low-value stocks can help traders identify strategic investment opportunities. But pump-and-dump schemes where market-makers artificially inflate the price of penny stocks through advertising are fairly common. While the promoters often end up cold calling clients or sending email  ( 35 min )

Microsoft and Google told two different stories about their cloud businesses during their earnings calls on Tuesday.  ( 36 min )

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Charles Schwab sweeps customers' uninvested cash into sweep accounts that pay just 0.45%, a point of consternation for some customers and financial advisors.  ( 22 min )

(Bloomberg) -- Treasury yields rose, retracing about half of their declines from multiyear highs reached earlier in the week, amid expectations that auction size increases will be announced next week.Most Read from BloombergTrump Signals Support for Johnson’s Bid to Become House SpeakerChina Developer Country Garden Deemed in Default on Dollar Bond for First TimeControversial Chip in Huawei Phone Produced on ASML MachineBig Tech Leads Losses as Treasuries Under Pressure: Markets WrapNobody Wants  ( 32 min )

When considering the purchase of dividend stocks, total return is not just about the present price versus the price an investor paid for the shares. Total return includes appreciation plus the dividends received and the return may differ, depending on whether the investor collects or reinvests the dividends. The dividends paid on a stock can vary over time. While a temporary cut or suspension of a dividend can hurt the share price, improving performance can make up for that over time. Take a loo  ( 35 min )

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Escalating tensions in the Middle East have caused oil prices to spiral again, with West Texas Intermediate crude rising by nearly 2% earlier this week. As the Israel-Hamas fight intensifies, many analysts predict regional oil production to be significantly impacted in the near term. While Israel is not a major global oil supplier, the regional tensions have caused the oil market to be "fraught with uncertainty," according to the International Energy Agency (IEA). "The conflict has certainly rai  ( 35 min )

The United Auto Workers union appears to be edging closer to a tentative contract agreement with Ford that would be critical to ending the union's 6-week-old strikes against the three major Detroit automakers, two people with knowledge of the talks said Wednesday. The people said the union made a counter-offer to Ford that proposes a 25% general wage increase over the life of a new four-year contract and said that negotiations on Tuesday extended well into Wednesday morning. Previously Ford, Stellantis and General Motors had all offered 23% pay increases.  ( 33 min )

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It's not easy to be the salmon that swims upstream when all around you, the other fish are going the opposite way. In stock market investing, that's known as taking the contrarian approach because you believe that the market has gone too far to one extreme or another where everyone else is doing the same thing. The vast majority of investors now seem to be selling, and that can create a market condition in which stocks become technically "oversold." In technical analysis, a strategy that is usua  ( 35 min )

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Companies like Visa, Mastercard and American Express would take a hit from a new Federal Reserve proposal that lowers debit-card fees paid by merchants.  ( 36 min )

Meta will report its third quarter earnings on Wednesday after the bell.  ( 34 min )

(Bloomberg) -- Oil is poised for its longest losing streak since May on signs that the Israel-Hamas war will remain contained for the time being at least, easing concerns over supply disruptions in the Middle East. Most Read from BloombergTrump Signals Support for Johnson’s Bid to Become House SpeakerIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastChina Developer Country Garden Deemed in Default on Dollar Bond for First TimeNobody Wants Mutual Funds NowControversial Chip in Huawe  ( 33 min )

Berkshire Hathaway Inc. Vice Chairman Charlie Munger delivered a scathing analysis of systems characterized by short-term incentives during a 2011 interview at the University of Michigan's Ross School of Business. His insights into the consequences of poorly designed systems were notably candid. "Good people go bad because of the way the system is structured," Munger said. "If you run a big chain of stores and you make it easy to steal by your own sloppiness, you will cause a lot of good people  ( 35 min )

High interest rates are derailing the ambitions of climate regulators and automakers to accelerate the shift to electric vehicles, underscored Wednesday by the scrapping of a GM-Honda partnership and a warning from a battery maker. Electric vehicle sales are still growing strongly, but that demand is not keeping up with the expectations of carmakers and other companies that have invested billions of dollars in the EV space. Expectations for persistently higher interest rates has led companies to alter plans as they eye 2024 warily.  ( 34 min )

Tesla’s (NASDAQ:TSLA) Q3 conference call was one for the ages. While the EV leader’s results were conclusively disappointing, the call itself featured ominous warnings from CEO Elon Musk on the state of the global economy, the higher interest rate environment and the difficult road ahead for the Cybertruck’s production. Shares duly tanked as investors digested an uncertain future for the undisputed EV leader. In fact, Morgan Stanley analyst Adam Jonas makes the case that Tesla’s dire outlook cou  ( 34 min )

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I am approaching the time when I'll take required minimum distributions (RMDs) from my individual retirement account (IRA). I am in a quandary about what I can do with this anticipated largesse of cash. I do not necessarily need the … Continue reading → The post Ask an Advisor: I Don't Need Them ‘Dumped Into My Checking Account.' What Can I Do With RMDs? appeared first on SmartAsset Blog.  ( 34 min )

Shares of Facebook and Instagram parent Meta Platforms slipped in morning trading Wednesday, ahead of the social-media giant’s quarterly earnings, which are expected after the market close. Investors will watch for signs of the health of the company’s advertising business, along with growth at the  ( 24 min )

Rates on 30-year mortgages have continued their yo-yo pattern—this time with a notable drop to fall further below the 23-year peak they registered last week.  ( 21 min )

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The Google parent's cloud business fell short in its earnings, spreading some gloom for megacaps already under pressure from rising yields.  ( 37 min )

The Google parent's cloud business fell short in its earnings, spreading some gloom for megacaps already under pressure from rising yields.  ( 36 min )

Intel will report its Q3 earnings after the bell Thursday, as Wall Streets looks for signs that the PC market is recovering.  ( 34 min )

Payments stocks are falling early Wednesday. A warning from Worldline, a major European payments company, is sending jitters through the industry.  ( 16 min )

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Bad onboarding is leading to higher quit rates for new employees.  ( 33 min )

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SunPower is correcting statements for 2022, and the first two quarters of 2023 after finding accounting errors.  ( 17 min )

Akio Toyoda said the electric-vehicle industry was coming to recognize that there isn’t a single answer to reducing carbon emissions.  ( 28 min )

Boeing reported a third quarter miss on both the top and bottom lines and cut its delivery forecast for its 737 Max narrowbody jet due to ongoing production issues. The aerospace giant did reaffirm its cash flow guidance, which gave shares a boost.  ( 34 min )

The 7.9% average contract rate for a 30-year fixed-rate mortgage during the week ended Oct. 20 was up 20 basis points from the prior week, the Mortgage Bankers Association said. "These higher mortgage rates are keeping prospective homebuyers out of the market and continue to suppress refinance activity." The 30-year fixed rate mortgage is up 81 basis points since then, tracking a similar rise in the yield on the 10-year Treasury note, the main benchmark for longer-term U.S. borrowing rates.  ( 33 min )

(Bloomberg) -- Bank of America Corp.’s Jim DeMare warned of the knock-on effects of short-term Treasury yields at 5% and said higher interest rates are having a “dramatic change” on the biggest global industry trends.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastTrump Ally Mike Johnson Becomes Latest GOP House Speaker NomineeChina Developer Country Garden Deemed in Default on Dollar Bond for First TimeNobody Wants Mutual Funds NowBig Tech Earnings Whipsa  ( 33 min )

Boeing reported a $1.64 billion loss for the third quarter on Wednesday as it delivered fewer copies of its best-selling plane and sunk more money into building two new Air Force One presidential jets. The aircraft maker lowered its forecast of 737 Max production to between 375 and 400 planes this year, down from a previous estimate of 400 to 450. Boeing said production and deliveries of 737s will be slowed as it does inspections and additional work to fix a pressure-sealing section of the planes.  ( 33 min )

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The painful repricing of Europe's financial-technology sector continues. Shares in French payments firm Worldline plunged 59% Wednesday, knocking roughly $4 billion off its market value, after the company cut its revenue forecasts for this year. Peers also fell steeply. Adyen in the Netherlands  ( 24 min )

The Google parent's cloud business fell short in its earnings, spreading some gloom for megacaps already under pressure from rising yields.  ( 34 min )

Thermo Fisher, the leading maker of scientific equipment, slashes its guidance for the second consecutive quarter, citing a challenging macro environment.  ( 15 min )

I’m turning 68 shortly and plan to wait to claim my Social Security at age 70 to maximize the monthly benefit. I also plan to retire at the end of the year, if not sooner (so in three months or less). Does withdrawing from my traditional IRAs (current balance is $215,000) to reduce the income […] The post Ask an Advisor: I’m 67 With $218k in an IRA. Should I Start My Withdrawals Now to Reduce Future RMD Taxes? appeared first on SmartReads by SmartAsset.  ( 35 min )

Some of Wall Street's top executives offered new warnings this week about the economy, the appetite for deal making and the state of the world.  ( 35 min )

French payments group blames deteriorating economic outlook in Germany for hit to profits  ( 5 min )

The pharmacy chains have discovered that taking a larger role in the healthcare system than simply dispensing prescriptions and selling over-the-counter notions is more complicated and costlier than they expected.  ( 38 min )

Fiscal first-quarter revenue at Microsoft's Azure cloud business rises 29%, while Google Cloud revenue misses forecasts. Boeing, Meta Platforms, and IBM are scheduled to report earnings Wednesday.  ( 21 min )

Weight loss drugs have become a new risk for a variety of companies, even if the eventual size of the market remains speculative.  ( 35 min )

In recent times, the markets have been hit by a combination of persistent headwinds that have been dragging it down. Elevated interest rates, surging oil prices, and geopolitical concerns have all played their part in keeping sentiment low. But now, with the S&P 500 having retreated by 8% from the 52-week high of 4,607, Piper Sandler’s chief market technician Craig Johnson thinks various indicators are signaling that stocks are in oversold territory, positioning the benchmark index to push highe  ( 36 min )

Stock-and-bond portfolios that worked for the past 40 years aren’t ready for what’s coming.  ( 27 min )

Pressures created by rising interest rates are outweighing supportive government policies.  ( 29 min )

(Bloomberg) -- The US economy likely expanded in the third quarter at the fastest clip in nearly two years, a surprising acceleration primarily powered by a consumer reaping the benefits of resilient job growth, rising wealth and easing inflation.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastNobody Wants Mutual Funds NowTrump Ally Mike Johnson Becomes Latest GOP House Speaker NomineeChina Developer Country Garden Deemed in Default on Dollar Bond for Firs  ( 34 min )

Amid news, fake or otherwise, of an imminent approval for at least one spot Bitcoin ETF, Bitcoin’s price has skyrocketed. Could a year of pain in the crypto industry be over?  ( 37 min )

Bruce Berkowitz manages the $1.3 billion Fairholme Fund. It’s up 33% this year but has a bizarre portfolio design and management structure.  ( 20 min )

Eli Lilly’s Mounjaro diabetes drug is expected to soon be approved to treat obesity. The pharmaceutical company’s stock is trading in an interesting technical pattern.  ( 19 min )

French payment company Worldline on Wednesday reported an organic growth of 4.8% in third-quarter revenue, boosted by its merchant services segment, which grew organically by 7.6%. The digital payment and transactions solutions provider generated revenue of 1.18 billion euros ($1.25 billion) in the quarter, up from 1.13 billion in the year-ago period. ($1 = 0.9432 euros)  ( 32 min )

The Street projects Meta will post quarterly sales of $33.5 billion, up 21% from a year ago, with profits of $3.61 a share, up from $1.64.  ( 21 min )

Vietnamese automaker Vinfast plunged right into the crowded and hypercompetitive U.S. auto market, gambling that if it can sell its electric vehicles to finicky Americans, it can succeed anywhere. Its CEO Le Thi Thu Thuy said in a recent interview with The Associated Press that the U.S. market is “difficult.” It has sold just 2,009 electric vehicles in the U.S., less than 1% of total of total U.S. EV sales, according to Motorintelligence.com.  ( 40 min )

Pfizer will still benefit from the 25% stake it retained as well as full rights to the drug outside the US and Japan.  ( 34 min )

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Google released its Q3 earnings on Tuesday that largely beat Wall Street's expectations, although a miss on cloud revenue sent its stock sliding in after hours trading.  ( 35 min )

This year has seen a strong bullish trend that has hit the skids in the last couple of months, resulting in a pullback from recent highs and an increase in volatility. For the retail investor, the main result is a tougher environment for finding just the right stock. That’s where Wall Street’s top analysts come in. These stock pros have built solid reputations for finding those right stocks – in any conditions. Covering the tech sector for Needham, analyst Quinn Bolton stands head and shoulders  ( 36 min )

The companies student loan borrowers do business with are closely monitoring how much money people are diverting to payments.  ( 1 min )

The S&P 500 dropped 1.4% on Wednesday, Oct. 25, 2023, with Alphabet's earnings report and rising borrowing costs pressuring tech stocks.  ( 1 min )

Shares of ADP fell 9% Wednesday as a mixed earnings report from the payroll services provider failed to satisfy investors. Revenue fell just short of expectations, despite an EPS beat.  ( 1 min )

The millennial generation is now driving the U.S. housing market, with an added 7.4 million purchases since 2018.  ( 1 min )

Investing in cryptocurrency ETFs? Here’s what you need to know about bitcoin futures ETFs and ether futures ETFs.  ( 1 min )

Microsoft Corp.'s fiscal first-quarter earnings showed a surprise improvement in its Azure cloud segment.  ( 1 min )

U.S. equities were mixed at midday on Wednesday, Oct. 25, 2023, as the tech sector lost ground after Google parent Alphabet reported lower-than-expected cloud revenue.  ( 1 min )

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Stock futures were mixed in premarket trading Wednesday as Microsoft stock soared on its earnings beat, while a foggy cloud outlook sent Google-parent Alphabet tumbling.  ( 1 min )

Shares of Google parent Alphabet fell after the search giant’s cloud revenues came in lower than expected and Microsoft shares pushed higher after it was able to grow its Azure cloud business. Here’s what investors need to know today.  ( 1 min )

Shell gaat tweehonderd banen schrappen die te maken hebben met duurzame energie. Ook gaat het olie- en gasconcern de activiteiten op het gebied van lichte waterstofvoertuigen verminderen. In plaats daarvan wil het zich meer op zwaar transport en industrie richten.  ( 9 min )

Klanten van Apple TV+ gaan bijna 43 procent meer betalen voor hun abonnement in de Verenigde Staten. De prijs gaat van 6,99 dollar naar 9,99 dollar per maand. In Nederland gaan de prijzen min of meer in vergelijkbaar tempo omhoog.  ( 8 min )

In de Zeeuwse plaats Waarde zijn dieren gevonden die besmet zijn met het blauwtongvirus. Dat betekent dat het virus op dit moment in alle Nederlandse provincies actief is. Dat meldt de Nederlandse Voedsel- en Warenautoriteit (NVWA) woensdag.  ( 9 min )

De grens voor een hypotheek met Nationale Hypotheekgarantie (NHG) gaat omhoog vanaf 1 januari. Dat betekent dat mensen straks financiële bescherming kunnen krijgen bij het kopen van een huis tot aan 435.000 euro.  ( 10 min )

Nederlanders met verschillende politieke voorkeuren steunen belastingverhogingen op vliegreizen en nieuwe spullen, laat nieuw onderzoek zien. 'De vervuiler betaalt' is daarbij het uitgangspunt. Maar de overheid moet wél investeren in betaalbare alternatieven.  ( 11 min )

De grens voor een hypotheek met Nationale Hypotheekgarantie (NHG) gaat omhoog vanaf 1 januari. Dat betekent dat mensen straks financiële bescherming kunnen krijgen bij het kopen van een huis tot aan 435.000 euro.  ( 9 min )

China heeft de import van rund- en schapenvlees uit Nederland verboden vanwege de verspreiding van het blauwtongvirus. Officieel geldt het verbod voor alle herkauwende dieren en voor producten die van de dieren worden gemaakt.  ( 8 min )

Het omstreden Rotterdamse geldwisselkantoor Suri-Change mag haar werkzaamheden niet meer uitvoeren. De Nederlandsche Bank (DNB) heeft de vergunningen van het kantoor Suri-Change ingetrokken.  ( 9 min )

Tienduizenden Nederlanders leven onder het sociaal minimum doordat ze geen aanvullende uitkering aanvragen terwijl ze hier wel recht op hebben. Dat meldt de Arbeidsinspectie, die onbekendheid van de maatregel als een belangrijke oorzaak ziet.  ( 9 min )

Onderzoekers van ABN AMRO verwachten inmiddels tóch dat de woningprijzen volgend jaar weer gaan stijgen. De huizenprijzen zijn eerder gestopt met dalen dan eerder werd gedacht, onder meer door stijging van de lonen en vertraging van nieuwbouw.  ( 9 min )

Clouddiensten en kunstmatige intelligentie hebben Microsoft het afgelopen kwartaal geen windeieren gelegd. Maar Google-moederbedrijf Alphabet heeft er juist minder van geprofiteerd dan voorheen.  ( 9 min )

De breuk in een gaspijplijn tussen Finland en Estland is mogelijk veroorzaakt door een anker. Finland meldt dat onderzoekers vlak bij de plek van de breuk een anker hebben opgevist. Wellicht was dat anker van een Chinees containerschip.  ( 8 min )

De breuk in een gaspijplijn tussen Finland en Estland is mogelijk veroorzaakt door een anker. Finland meldt dat onderzoekers vlak bij de plek van de breuk een anker hebben opgevist. Wellicht was dat onderdeel van een Chinees containerschip.  ( 8 min )

Door het matige zomerweer in delen van Europa is er minder bier gedronken en dat ziet Heineken terug in zijn cijfers. Ook door de hogere prijzen heeft de Amsterdamse brouwer minder verkocht.  ( 8 min )

KPN heeft een goed derde kwartaal achter de rug. De winst steeg met 6,5 procent, mede doordat de provider in juli een flinke inflatiecorrectie heeft doorgevoerd. Klanten waren volgens het telecombedrijf minder blij met die prijsverhoging.  ( 9 min )

Er zijn op dit moment meer vacatures dan werkzoekenden. En die krapte op de arbeidsmarkt kan de komende jaren nog erger worden, verwacht het UWV. Daarom moeten we alle oplossingen voor die krapte met beide handen aanpakken, ook het inzetten van meer arbeidsmigranten.  ( 11 min )

Grote webwinkels hebben vaak geen telefoonnummer of mailadres voor klanten op hun site staan, terwijl ze dit wel verplicht zijn. Dat concludeert de Consumentenbond na onderzoek bij de honderd grootste webshops van Nederland.  ( 9 min )

Op IJsland werd dinsdag aandacht gevraagd voor de loonkloof tussen mannen en vrouwen. Veel IJslandse vrouwen, onder wie premier Katrín Jakobsdóttir, legden daarom hun werk neer. Vandaag is daarom de stelling: 'Ik zou meedoen aan een staking tegen de loonkloof.'  ( 7 min )

Meer dan twintig Amerikaanse staten klagen Meta aan. Ze vinden dat het moederbedrijf van Facebook en Instagram jonge gebruikers uitbuit voor winst en hen blootstelt aan schadelijke inhoud.  ( 8 min )

Er zijn op dit moment meer vacatures dan werkzoekenden. En die krapte op de arbeidsmarkt kan de komende jaren nog erger worden, verwacht het UWV. Daarom moeten we alle oplossingen voor die krapte met beide handen aanpakken, ook het inzetten van meer arbeidsmigranten.  ( 10 min )

Boeing reduced its estimate for 737 Max deliveries this year because of inspections for a potential fuselage problem.  ( 1 min )

The White House and consumer electronics giant Apple (AAPL) have become unlikely allies in pushing for a national “right to repair” law that would require manufacturers to support independent repair shops and consumers in fixing broken devices.  ( 1 min )

Shares of Google parent Alphabet tumbled more than 9% in intraday trading Wednesday after the tech giant's cloud revenue fell short of expectations in the third quarter, but analysts say investors needn't worry.  ( 1 min )

The Securities and Exchange Commission has charged investment manager Blackrock for failing to properly disclose entertainment investments in a fund it advised.  ( 1 min )

The loss disallowance rule limits a corporation's ability to claim the losses of a subsidiary business for tax purposes.  ( 20 min )

The three best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human, and 5.80% from Seattle Bank.  ( 19 min )

Microsoft (MSFT)'s fiscal first-quarter earnings beat analysts' expectations as the company's Azure cloud computing segment grew more than predicted.  ( 17 min )

Self-employment tax is the tax that a sole proprietor or freelancer must pay to the federal government to fund Medicare and Social Security.  ( 25 min )

Personal loan rates edged up to 21.04% this week, adding 3 basis points since last week when the average personal loan rate stood at 21.01%.  ( 18 min )

Record-high levels of credit card debt, a return to pre-pandemic levels of delinquency, and speculation on action by the Fed and U.S. lawmakers to limit fees and credit card interest rates could temper Visa's future performance.  ( 18 min )

Colleges will be banned from the controversial practice of withholding transcripts from students over unpaid bills under finalized rules announced by the Department of Education Tuesday.  ( 18 min )

A coalition of 33 states, along with nine attorneys general who filed separate lawsuits, sued tech giant Meta Platforms on Tuesday, alleging the company's social media platforms harm children and teenagers.  ( 18 min )

Shares of Exchange-Traded Funds (ETFs) make a great gift because they offer diversified investment exposure and the potential to grow in value.  ( 30 min )

While there are plenty of good reasons to take out a personal loan, thanks in large part to their versatility, there are also a few scenarios where it might be a bad idea.  ( 26 min )

Google Bard has also helped to stave off concerns about a large-scale shift away from Google Search, although an ongoing antitrust trial may be impactful.  ( 19 min )

The S&P 500 added 0.7% on Tuesday, Oct. 24, 2023, amid strong corporate earnings news and anticipation of the reports coming from big tech firms this week.  ( 16 min )

The Old-Age, Survivors, and Disability Insurance (OASDI) program is the official name for Social Security in the United States.  ( 26 min )

Before you complain about inflation, consider that it made the typical middle-class family $14,300 richer over the 36 years leading up to the pandemic.  ( 18 min )

RTX beat profit and sales estimates, announced a stock buyback, and gave an optimistic update on inspections of a jet engine forced out of service for a potential problem.  ( 17 min )

Warner Bros. Discovery makes the majority of its revenues through its distribution activities  ( 21 min )

Americans are, by almost every measure, richer than ever on average. Yet, when asked about our finances in surveys, we’re feeling worse off.  ( 20 min )

Gifting a bond can boost the future finances of the recipient and, in the meantime, teach them a useful lesson about managing money.  ( 31 min )

Spotify posted a surprise profit and exceeded revenue estimates as it raised prices and reduced expenses.  ( 17 min )

Credit score requirements for personal loans vary by lender, but borrowers with good or excellent credit typically have a better chance of qualifying for the best rates and terms.  ( 26 min )

General Motors withdrew its full-year guidance in the company’s third-quarter earnings report amid uncertainty surrounding an ongoing strike by the United Auto Workers union.  ( 18 min )

Balance transfers and personal loans can help improve your finances, but they are different products. A balance transfer focuses on moving your debt from one creditor to another, usually for a lower interest rate, while a personal loan is a new debt.  ( 27 min )

The IEA suggested momentum toward clean energy could lead global demand for coal, oil, and gas to peak before 2030.  ( 17 min )

While a debt consolidation loan can be a personal loan, business debt consolidation loans are also available. Additionally, there are more kinds of personal loans than just debt consolidation loans.  ( 25 min )

Rates on 30-year mortgages rose again, though they've stayed below the 23-year high they reached early last week. Rate averages were mixed across other loan types.  ( 19 min )

The automaker and nuclear fuel cycle company's joint venture is aimed at securing materials needed to build electric vehicles (EVs), and is set to begin production in 2026.  ( 17 min )

Here are the key differences between Bitcoin and Ripple's XRP, both popular decentralized cryptocurrency systems.  ( 25 min )

Providing tax-free income in some countries, spread betting can be highly profitable. Investopedia provides important points for success.  ( 25 min )

Logitech shares spiked after the PC equipment supplier reported profit soared and it raised its guidance on lower expenses.  ( 17 min )

There are several important factors to consider when choosing a certificate of deposit (CD). In this guide, we'll explain what you need to know.  ( 23 min )

Short selling and put options are used to speculate on a potential decline in a security or index or to hedge downside risk in a portfolio or stock.  ( 28 min )

Some pundits demonize naked short selling, but it usually occurs after a collapse, not before.  ( 24 min )

U.S. equities rose at midday on Tuesday, Oct. 24, 2023 following strong earnings reports and ahead of updates from big tech companies including Microsoft and Google parent Alphabet.  ( 16 min )

As monthly car costs have soared, struggling borrowers are falling behind on their payments at the highest rates on record.  ( 17 min )

3M beat profit and sales estimates and boosted its guidance on price hikes and expense reductions.  ( 17 min )

EBITDA, or earnings before interest, taxes, depreciation, and amortization, is an alternative measure of a company's overall financial performance.  ( 29 min )

For all the talk of whether the economy is recovering or sinking, what should a recovery actually look like? Here are six signals that may indicate a turnaround.  ( 24 min )

The average length of a car loan is 72 months, which is six years but can vary from as short as 12 months to as long as 96 months.  ( 23 min )

Cash grants for small businesses are available from the federal government, state or local governments, and some private companies, although the competition for them can be fierce. Here is what you need to know to get approved for one  ( 26 min )

Wells Fargo offers two types of savings accounts, but the rates are low unless you carry a large balance.  ( 22 min )

SoFi savings account interest rates are above average and the financial services company charges no bank fees—two reasons this savings option is worth considering.  ( 26 min )

USAA offers a few different savings accounts, but the rates are relatively low. Compare USAA to top competitors and find the best savings account for your needs.  ( 24 min )

Check U.S. Bank’s current savings account interest rates, and see how they compare to the top accounts in the market today.  ( 21 min )

You can earn a higher-than-average APY with a TD Bank savings account. But TD Bank only offers the highest interest rates on accounts with high balances.  ( 21 min )

State Farm is more than just an insurance company. It offers banking services and competitive interest rates for its savings account.  ( 21 min )

Marcus by Goldman Sachs only offers a few account types, but what it does offer, it does well. Learn how you can benefit from its online high-yield savings account.  ( 22 min )

Through Lending Club’s high-yield savings accounts, you can earn a higher-than-average APY with no monthly service fees. All you need to get started is $100.  ( 21 min )

E*TRADE savings account interest rates can't compete with the best, but high-net-worth individuals can benefit from its higher FDIC insurance coverage.  ( 20 min )

Citi offers CDs, checking accounts, bank IRAs, and savings accounts. Learn more about its savings account rates, features, and account requirements.  ( 27 min )

Charles Schwab savings account interest rates are higher than the national average, and it doesn’t have monthly fees or minimum deposit requirements.  ( 21 min )

Coca-Cola (KO) beat estimates on both the top and bottom line for the third quarter, as consumers ramped up their purchases of soft drinks and other beverages despite the company's price hikes.  ( 18 min )

Growth rates slowed relative to the second quarter but remained strong on stable air travel and renewable energy demand.  ( 17 min )

Verizon home and business wireless business boosted third quarter earnings even as the telecom giant lost cellular subscribers.  ( 17 min )

The CPP or Canada Pension Plan is one of three levels of the retirement income system responsible for paying retirement or disability benefits.  ( 28 min )

Illegal in the U.S., spread betting is high risk but offers high-profit potential, zero taxes, high leverage, and wide-ranging bid-ask spreads.  ( 25 min )

Spouses, ex-spouses, children, and dependent parents can be eligible for Social Security survivor benefits.  ( 29 min )

General Electric raised its forecast for 2023 earnings as rebounding air travel demand improved the jet engine maker’s aerospace business and Redfin shares surged after the real estate brokerage secured $250 million in financing. Here’s what investors need to know today.  ( 18 min )

Here's how to maximize the Social Security benefits you receive and minimize the taxes you pay on them when you are in retirement.  ( 29 min )

Most Americans have to pay Social Security tax for their entire working lives, but there are a few exceptions to that rule, as described here.  ( 24 min )

Your pay stub contains important information about your earnings and deductions for taxes, insurance, and more. Learn all of the elements included on a pay stub and how to properly understand them.  ( 28 min )

Private equity firms and hedge funds benefit from several controversial provisions in the current U.S. tax code, including carried interest.  ( 26 min )

A debtor nation has negative net investment after recording all of the financial transactions it has completed worldwide.  ( 22 min )

Learn about the different implications of marginal benefit and marginal utility in economics.  ( 25 min )

Don't leave it up to your accountant. Business owners are ultimately responsible for fulfilling state, federal, and local tax obligations and payroll taxes.  ( 28 min )

The Fisher College of Business is the business school at Ohio State University, located in Columbus, Ohio.  ( 21 min )

(Bloomberg) -- Texas Instruments Inc. gave a disappointing revenue forecast for the current period, indicating that demand remains sluggish for a broad range of electronic components, including industrial equipment.Most Read from BloombergIsrael Latest: US Determines Israel Wasn’t Behind Hospital BlastNobody Wants Mutual Funds NowBig Tech Earnings Whipsaw QQQ in Late Trading: Markets WrapAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantChina Ousts Defense Minister, Ending Mys  ( 35 min )

The Google parent reported revenue of $76.7 billion for its latest quarter, up 11% from a year ago.That wasn’t enough to lift the stock.  ( 18 min )

Snap has been going through a rough patch. But its Q3 earnings beat expectations.  ( 34 min )

Snap has been going through a rough patch. But its Q3 earnings beat expectations.  ( 34 min )

An earnings beat wasn’t enough for Texas Instruments stock, which is down 11% this year, compared with the 32% rise for the iShares Semiconductor exchange-traded fund.  ( 15 min )

Tuesday's auction of two-year Treasury notes saw tepid demand, signaling that investor enthusiasm for Treasuries continues to soften amid concerns about the federal deficit and the path of interest rates.  ( 19 min )

The three best CD rates available nationwide are 6.50% from Financial Partners Credit Union, 6.00% from Credit Human, and 5.80% from Seattle Bank.  ( 21 min )

The companies plan to close on the transaction on Oct. 30. Investors appear to be betting that closing will be delayed.  ( 22 min )

Nvidia announced in a regulatory filing that the U.S. government sped up the implementation timeline for broader export controls on China's access to artificial intelligence chips.  ( 34 min )

Block (NYSE:SQ) investors have had little to shout about this year. While other tech stocks have charged ahead, SQ shares have trended in the opposite direction; to wit, the stock has shed 28% of its value on a year-to-date basis. Sentiment has been low to such an extent that even after delivering a strong Q2 report boasting beats on both the top and bottom lines in addition to raising its operating income outlook, the less appealing aspects of the report took hold of the narrative. Assessing th  ( 34 min )

Driven by rising demand for chips in the pandemic era, semiconductor stocks have been one of the best-performing sectors over the past few years. The recent artificial intelligence (AI) boom propelled the need for semiconductors further, with chipmakers such as Nvidia Corp. (NASDAQ:NVDA) that cater to AI software becoming the biggest gainers. Intel Corp., which has long been the dominant chipmaker, has been restructuring its business to accommodate changing market dynamics. Intel has been laggin  ( 35 min )

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Your talent can be your ticket to wealth. As the legendary Warren Buffett put it in a 2010 Forbes interview with Jay-Z, "You're a million-dollar asset." Buffett emphasizes that your talent is unique, and no one can take it from you — not inflation or taxes, and no external force can diminish the value of your abilities. Buffett makes an intriguing offer to students he encounters. "I would pay you $100,000 for 10% of your earnings for the rest of your life," he said. Don’t Miss: Until 2016 it was  ( 34 min )

Boeing will report third-quarter earnings Wednesday morning. The company's results have been notably hard to predict in recent years. Investors should focus on cash flow.  ( 20 min )

An arbitrator ordered Nikola’former CEO to pay it $165 million.s  ( 14 min )

The Dell Technologies CEO and founder made a big donation ahead of Broadcom's takeover of VMware, which promises to deliver a big payday for him.  ( 33 min )

(Bloomberg) -- There’s a good reason why investors are amazed that something hasn’t broken in the economy yet: The last time US government bond yields climbed so far, so fast, the nation plunged into back-to-back recessions.Most Read from BloombergIsrael Latest: Blinken Says ‘Humanitarian Pauses’ Needed for AidAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantNobody Wants Mutual Funds NowXi Makes Unprecedented Central Bank Visit in Sign of Focus on EconomyBig Tech Props Up Sto  ( 33 min )

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The company’s partnership with OpenAI has helped power new aritificial-intelligence businesses.  ( 28 min )

Google parent Alphabet’s shares (GOOG, GOOGL) declined about 4% postmarket Tuesday after the tech giant released quarterly earnings results. Here is what Alphabet reported, versus FactSet consensus estima  ( 23 min )

The world is at a “tipping point” on debt that threatens to spark a global reckoning after years of government borrowing binges, the boss of HSBC has warned.  ( 34 min )

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RTX beat profit and sales estimates, announced a stock buyback, and gave an optimistic update on inspections of a jet engine forced out of service for a potential problem.  ( 19 min )

The tech giants are out in numbers this week with many of the market leaders reporting Q3 earnings. Amongst them will be Amazon (NASDAQ:AMZN) with the ecommerce behemoth slated to deliver its third-quarter financial statement on Thursday (Oct 26) after the close. Looking ahead to the results, Monness’ Brian White, a 5-star analyst ranked in the top 1% of Street experts, is looking for Amazon to deliver revenues of $142.34 billion (above the Street at $141.43 billion). White’s figure factors in a  ( 34 min )

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Proposed ETF anointed IBTC, as iShares creates mechanism to seed fund with cash.  ( 33 min )

Microsoft reported its Q1 earnings after the bell on Tuesday, as investors look for signs that its AI investments are paying off.  ( 34 min )

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Borrowers, who were not required to make payments during the pandemic, found higher figures when they logged in loan servicers to start repaying .  ( 37 min )

JPMorgan Chase CEO Jamie Dimon slammed central banks like the Federal Reserve for being "100% dead wrong" when they tried to paint inflation as "transitory" 18 months ago.  ( 34 min )

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Days after disclosing earnings that disappointed Wall Street, Tesla revealed that its automated driving systems are under deepening federal scrutiny.  ( 34 min )

It’s been a tough year for the sector and Johnson & Johnson stock.  ( 22 min )

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Verizon (VZ) stock was on pace for its largest one-day percentage gain since 2008. Revenue for the third quarter was $33.3 billion, in line with analyst’s estimates, while earnings per share came in at $1.22, above estimates for $1.18. That is great news for investors, but bond yields are another  ( 12 min )

Bill Gates, the seventh-richest person in the world according to the Forbes 2023 list, has been losing money on one of his latest investment bets. Gates, who amassed his wealth by cofounding and leading Microsoft Corp. for decades before retiring in 2008, has since focused on investing in private corporations and publicly traded companies. In the fiscal second quarter of 2023, Gates purchased over 1.7 million shares of Anheuser-Busch InBev (NYSE:BUD), maker of popular beer brands including Bud L  ( 35 min )

Snap has been going through a rough patch. But its Q3 earnings beat expectations.  ( 34 min )

(Bloomberg) -- Oil held near $90 a barrel after Monday saw the biggest drop since Hamas’s attack on Israel, amid signs the conflict will remain contained for the time being. Most Read from BloombergAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantChina Repeats Its View That Israel Must Protect CiviliansNobody Wants Mutual Funds NowXi Makes Unprecedented Central Bank Visit in Sign of Focus on EconomyDisney Said to Near Multibillion-Dollar Deal With RelianceGlobal benchmark Bre  ( 33 min )

Nikola Corp. has won $165 million in arbitration from convicted founder Trevor Milton, but it wants to recover attorney fees, too. The post Nikola claws back $165 million from founder Trevor Milton appeared first on FreightWaves.  ( 34 min )

Cleveland-Cliffs CEO Lourenco Goncalves isn't commenting on the steelmaker's attempts to acquire rival United States Steel, citing an agreement with U.S. Steel to refrain from disclosing information about the nego  ( 24 min )

Measuring your own wealth can be a tricky thing but seeing how you compare with other households can be a useful way to assess your finances. The real financial benchmarks to measure, however, are your own. Are you achieving your goals? Are you on track to keep doing so in the future? Here are a […] The post Common Net Worth Statistics You Need to Know appeared first on SmartReads by SmartAsset.  ( 35 min )

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The average net worth of an American household headed by a 50-year-old is $897,663, according to Federal Reserve data. This mid-career milestone highlights the importance of diligently building wealth over time. Understanding net worth benchmarks by age provides a measuring stick to gauge your own financial progress. With strategic planning and discipline, you can take […] The post What Is the Average Net Worth of a 50-Year-Old? appeared first on SmartReads by SmartAsset.  ( 34 min )

The United Auto Workers (UAW) union struck a General Motors assembly plant in Texas on Tuesday that builds the U.S. automaker's profitable full-size sport utility vehicles, in another significant expansion of the strike. The UAW said another 5,000 workers are going on strike.  ( 31 min )

Amazon.com stock is still a buy after this year's robust gains, according to an analyst, who cited the company's cloud business and retail sales performance.  ( 17 min )

Nikola Corp. has been awarded $165 million in an arbitration proceeding with its founder and former executive chairman, according to a regulatory filing. The electric and hydrogen-powered heavy truck maker said in a filing with the Securities and Exchange Commission that it sought reimbursement from Trevor Milton for costs and damages related to actions that were part of government and regulatory investigations, including a December 2021 SEC settlement and associated civil penalty. Milton previously pleaded not guilty to securities and wire fraud.  ( 33 min )

Bitcoin pushed higher amid optimism about regulatory approval of a product that would allow investors to get exposure to the cryptocurrency without having to own it.  ( 35 min )

MoffettNathanson lifted its rating on the sports betting company to Buy from Neutral.  ( 15 min )

Shares of Microsoft ticked up in early trading Tuesday as investors prepared for the tech giant to report quarterly results after the closing bell. Investors will watch for updates about the state of its artificial-inte  ( 23 min )

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Coinbase could benefit from spot Bitcoin ETF approvals, and not just because crypto is getting popular again.  ( 18 min )

Bitcoin surged in value early Tuesday, extending a runup for the largest cryptocurrency. The digital token was recently quoted at about $34,597, up more than 9.5% from its late-Monday level, according to CoinDesk. A few hours earlier it had reached around $35,000. Crypto-related stocks also gained  ( 24 min )

(Bloomberg) -- Vanguard Group Inc. has a message for investors waiting for the all-clear before returning to fixed income following a brutal rout this summer: “Shake it off.”Most Read from BloombergAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantChina Repeats Its View That Israel Must Protect CiviliansNobody Wants Mutual Funds NowXi Makes Unprecedented Central Bank Visit in Sign of Focus on EconomyDisney Said to Near Multibillion-Dollar Deal With RelianceThe world’s second-l  ( 33 min )

ConocoPhillips could be the next U.S. energy company looking to make a big purchase, according to KeyBanc analysts. Here are the potential targets.  ( 16 min )

Picture this scenario: You and your spouse are both 67, have $2.5 million in savings and collect $40,000 in annual Social Security benefits. Is that enough to support a $100,000 lifestyle in retirement? This question is really multi-pronged. It’ll depend on when you both plan to retire, if you can you generate $100,000 per year […] The post We’re 67, Have $2.5 Million Saved and $40k in Social Security Benefits. Can We Live on $100k Per Year? appeared first on SmartReads by SmartAsset.  ( 34 min )

Google parent Alphabet will report its Q3 earnings after the bell on Tuesday.  ( 34 min )

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Danaher posts third-quarter earnings of $2.02 a share on revenue of $6.87 billion.  ( 14 min )

NextEra Energy reported third-quarter profit that beat Wall Street estimates on Tuesday, on the back of additional projects at its renewable energy unit. NextEra, which generates more wind and solar power than any other company in the world, has benefited from a clean energy investment push in the U.S. that has received major policy support after the passage of the Inflation Reduction Act last year. "NextEra Energy Resources had its best renewables and storage origination quarter in its history, adding approximately 3,245 megawatts to its backlog, which now totals over 21 gigawatts, net of projects placed in service," said CEO John Ketchum.  ( 33 min )

'Bond King' Bill Gross said a recession is coming for the U.S. economy in the fourth quarter.  ( 33 min )

Verizon Communications shares rose after the telecommunications company posted third-quarter results ahead of Wall Street expectations. Profit and earnings fell as the company faced pressure in its consumer and business operations. Verizon did increase its outlook for free cash flow for the year.  ( 23 min )

Coca-Cola reported higher earnings and revenue for the third quarter, which was boosted by higher prices and a slight increase in sales volumes. The beverage giant lifted its outlook for the year in light of its performance so far this year, although it expects a stronger headwind from currency tra  ( 23 min )

Coca-Cola expects full-year organic revenue growth of 10% to 11%.  ( 21 min )

NextEra Energy reported third-quarter profit that beat Wall Street estimates on Tuesday, on the back of additional projects at its renewable energy unit. On an adjusted basis, the company earned 94 cents per share in the reported quarter, compared with estimates of 88 cents, according to LSEG data.  ( 32 min )

Amsterdam-based Adyen has seen a slowdown just as it amps up its U.S. expansion where rivals like PayPal and Stripe dominate.  ( 34 min )

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The company now expects annual free cash flow (FCF) to be higher than $18 billion, at least $1 billion increase from its prior forecast. Its third-quarter FCF of $6.7 billion beat estimates by more than $1.3 billion, according to Visible Alpha. Verizon, whose plans typically cost more than its peers, added 100,000 net monthly-bill-paying wireless phone subscribers in the third quarter, compared with expectations for 63,600 additions, according to Factset.  ( 33 min )

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The company also said it has approved a $10 billion share repurchase program, which would commence almost immediately. In its second-quarter earnings report, RTX disclosed it had found microscopic containments in powdered metal, used to manufacture high-pressure turbine discs that are part of the engine's core, the presence of which could lead to cracks in the engine. RTX had at the time said 200 engines would require "accelerated inspection" with 60 days to fix each engine with a contamination issue.  ( 33 min )

The Detroit automaker is now losing about $200 million a week from factory walkouts.  ( 28 min )

The conglomerate said efforts to improve performance and control costs are bearing fruit.  ( 27 min )

General Electric raised its financial outlook and said it will shed its power business in the second quarter of 2024, the final step in a breakup of the industrial giant. The step will leave GE’s aerospace unit as a standalone business, with both companies trading separately on the New York Stock E  ( 24 min )

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Spotify will report earnings before the bell on Tuesday. Here's what to expect.  ( 34 min )

GE raises full-year earnings guidance to a range of $2.55 to $2.65 a share, up from prior guidance of $2.10 to $2.30.  ( 18 min )

The Boston, Massachusetts-based company now expects 2023 adjusted profit per share of $2.55 to $2.65, compared with its earlier forecast of $2.10 to $2.30. GE's aviation business, its cash cow, has been lifted by a surge in demand for aftermarket services as a strong rebound in air travel prompted airlines to use jets for longer against the backdrop of shortage of commercial planes.  ( 33 min )

ConocoPhillips could be the next U.S. energy company looking to make a big purchase, according to KeyBanc analysts. Here are the potential targets.  ( 16 min )

A former employee of ASML Holding accused of stealing trade secrets from the manufacturer of the world's most advanced semiconductor-making equipment, later worked for Huawei Technologies, according to a Dutch media report. ASML disclosed in its 2022 annual report published in February that one of its former China-based employees had engaged in "unauthorised misappropriation of data relating to proprietary technology" that may have violated some export controls. ASML CEO Peter Wennink characteri  ( 34 min )

Savers scrambled to buy I Bonds when inflation surged in 2021 and 2022. Both fixed and inflation-linked rates are due to rise again in November.  ( 36 min )

We recently passed an anniversary, of sorts – one year to the day since the stock market hit bottom. On October 12 of last year, the S&P 500 reached its trough; since then, the market trend has been upward despite some volatility and a recent pullback. Brian Belski, chief investment strategist from BMO Capital, believes that we’re into a secular bull market now. Looking at a series of factors – general economic growth, the slowing pace of inflation, the stage of the Fed’s monetary policy, Belski  ( 38 min )

(Bloomberg) -- JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said the fact that central banks got financial forecasting “100% dead wrong” about 18 months ago should prompt some humility about the outlook for next year.Most Read from BloombergAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantChina Repeats Its View That Israel Must Protect CiviliansHostages and Hezbollah Force Israel to Rethink Gaza Ground WarIsrael Latest: Biden, Netanyahu Discuss Hostages, US Deploy  ( 33 min )

(Bloomberg) -- In a year when the US economy exceeded almost everybody’s expectations, the underlying federal deficit roughly doubled, spotlighting a dire fiscal trajectory likely to only worsen the partisan budget battles in Washington.Most Read from BloombergAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantChina Repeats Its View That Israel Must Protect CiviliansHostages and Hezbollah Force Israel to Rethink Gaza Ground WarIsrael Latest: Biden, Netanyahu Discuss Hostages, U  ( 35 min )

Barclays just had a rough third quarter—and suggested big changes are imminent. The British banking giant said Tuesday that profit fell 16% in the three months through September, compared to a year earlier. That reflected persistent weakness in investment banking and competitive pressures in retail  ( 23 min )

The Street expects the parent of Google and YouTube to post sales of $76 billion, up 10% from a year earlier, with profits of $1.46 a share.  ( 20 min )

Microsoft shares have stalled as investors await a payoff from generative AI.  ( 22 min )

Here's how to maximize the Social Security benefits you receive and minimize the taxes you pay on them when you are in retirement.  ( 29 min )

Updated BlackRock filing indicates spot Bitcoin ETF could be seeded this month  ( 34 min )

(Bloomberg) -- Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds, reaching the highest price since May last year.Most Read from BloombergWall Street Trading Rattled by Wild Treasury Moves: Markets WrapAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantTreasury 10-Year Yield Breaches 5% for First Time Since 2007US Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItHostages and Hezbollah Force Israel to Rethink Gaz  ( 33 min )

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Recent months have seen increased volatility in the stock markets, as both the S&P 500 and the NASDAQ have given back some of the gains they posted earlier in the year. Stocks are coming under pressure from a variety of headwinds – but one that stands out recently comes from the bond market. Treasury bond yields and stocks tend to move in opposite directions, and earlier today the 10-year treasury bond rose to a peak of 5.02%, its highest level since July 2007. The yield was as low as 3.3% as re  ( 36 min )

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Elon Musk's tunneling enterprise The Boring Company has sold shares owned by employees and investors at a price over 22% higher than in a funding round for the company last year, The Information reported on Monday. The sale priced shares at $24 each, the report said citing people familiar with the matter.  ( 31 min )

Microsoft (MSFT)'s fiscal first-quarter earnings beat analysts' expectations as the company's Azure cloud computing segment grew more than predicted.  ( 1 min )

Google Bard has also helped to stave off concerns about a large-scale shift away from Google Search, although an ongoing antitrust trial may be impactful.  ( 1 min )

Record-high levels of credit card debt, a return to pre-pandemic levels of delinquency, and speculation on action by the Fed and U.S. lawmakers to limit fees and credit card interest rates could temper Visa's future performance.  ( 1 min )

A coalition of 33 states, along with nine attorneys general who filed separate lawsuits, sued tech giant Meta Platforms on Tuesday, alleging the company's social media platforms harm children and teenagers.  ( 1 min )

RTX beat profit and sales estimates, announced a stock buyback, and gave an optimistic update on inspections of a jet engine forced out of service for a potential problem.  ( 1 min )

Spotify posted a surprise profit and exceeded revenue estimates as it raised prices and reduced expenses.  ( 1 min )

The automaker and nuclear fuel cycle company's joint venture is aimed at securing materials needed to build electric vehicles (EVs), and is set to begin production in 2026.  ( 1 min )

Logitech shares spiked after the PC equipment supplier reported profit soared and it raised its guidance on lower expenses.  ( 1 min )

3M beat profit and sales estimates and boosted its guidance on price hikes and expense reductions.  ( 1 min )

Coca-Cola (KO) beat estimates on both the top and bottom line for the third quarter, as consumers ramped up their purchases of soft drinks and other beverages despite the company's price hikes.  ( 1 min )

Verizon home and business wireless business boosted third quarter earnings even as the telecom giant lost cellular subscribers.  ( 1 min )

Meer dan twintig staten in de Verenigde Staten klagen Meta aan. Dat is het bedrijf achter onder meer Facebook en Instagram. De staten vinden dat Facebook en Instagram jonge gebruikers uitbuiten voor winst en hen schadelijke inhoud laten zien.  ( 8 min )

De breuk in een gaspijplijn tussen Finland en Estland is mogelijk veroorzaakt door een anker. Finland meldt dat de politie vlak bij de plek van de breuk een anker heeft opgevist. Wellicht was dat onderdeel van een Chinees containerschip.  ( 8 min )

De Consumentenbond sleept enkele bedrijven voor de rechter voor krimpflatie. Deze fabrikanten verminderden stiekem de inhoud van verpakkingen terwijl de prijs van het product hetzelfde bleef of zelfs hoger werd.  ( 8 min )

De Tweede Kamer stemt in met een aanpassing van de inlichtingenwet. Door de tijdelijke wet moeten inlichtingendiensten AIVD en MIVD meer bevoegdheden krijgen om internetverkeer te onderscheppen. De bedoeling is dat ze hierdoor sneller cyberdreigingen vanuit het buitenland herkennen.  ( 9 min )

In de zorgsector zijn momenteel 52.000 vacatures. Dat is volgens uitzender Randstad een nieuw record. Er zijn door vergrijzing vier keer zoveel zorgbanen beschikbaar als tien jaar geleden, blijkt uit onderzoek van het bedrijf. Ook in andere sectoren zijn nog tekorten.  ( 9 min )

Een groot deel van de bedrijven in Nederland ontwijkt regels voor het hergebruik van plastic verpakkingen voor eten en drinken. Daardoor vermindert de hoeveelheid plastic zwerafval niet. Dat meldt de Inspectie Leefomgeving en Transport (ILT) dinsdag.  ( 8 min )

Elke maand luisteren 574 miljoen mensen naar muziek op Spotify. Daarvan betalen er 226 miljoen mensen voor de dienst, de rest heeft een gratis account met reclames. Dat blijkt uit de kwartaalcijfers van het Zweedse bedrijf (pdf).  ( 9 min )

Viaplay heeft op het laatste moment de publicatie van zijn kwartaalcijfers uitgesteld. Het Zweedse mediabedrijf overlegt met aandeelhouders en geldschieters over zijn toekomst, want het gaat niet goed met de streamingdienst.  ( 9 min )

De Birkin-handtassen van Hermès zijn ook in tijden van hoge inflatie ongekend populair. Vooral rijke klanten in de Verenigde Staten en Europa bleven het luxemerk trouw, waardoor Hermès zijn verkopen met 16 procent zag stijgen in het derde kwartaal.  ( 8 min )

Booking.com lijkt last te hebben van oplichters. Via het berichtensysteem van het boekingsplatform worden nepberichten verstuurd, zo melden meerdere gebruikers.  ( 9 min )

Als na een ramp de schade moet worden hersteld, komt de overheid gedane beloftes niet altijd na. De overheid gaat te weinig met slachtoffers in gesprek en leert niet van eerder gemaakte fouten, concludeert Nationale ombudsman Reinier van Zutphen dinsdag.  ( 10 min )

In IJsland zijn veel vrouwen dinsdag niet aan het werk gegaan. Ook premier Katrín Jakobsdóttir legt haar werk voor een dag neer. Met de staking wordt aandacht gevraagd voor de loonkloof tussen mannen en vrouwen.  ( 9 min )

Duitsland zal later dit jaar de op twee na grootste economie van de wereld zijn, achter de Verenigde Staten en China. Japan verdwijnt daardoor na tientallen jaren uit de top drie. Ook India klimt op de ranglijst.  ( 9 min )

Duitsland zal later dit jaar de derde economie van de wereld zijn, achter de Verenigde Staten en China. Japan verdwijnt daardoor na tientallen jaren uit de top drie. Ook India klimt op de ranglijst.  ( 9 min )

SpaceX gaat voor het eerst vier satellieten van de Europese ruimtevaartorganisatie ESA lanceren. Het gaat om navigatiesatellieten voor het navigatienetwerk Galileo. SpaceX lanceert de satellieten omdat ESA's eigen Ariane 6-raket nog niet af is.  ( 9 min )

De prijs van de bitcoin lag dinsdagochtend even boven de 35.000 dollar (ruim 32.750 euro). Sinds mei 2022 was de cryptomunt niet zo veel waard als nu. Dat komt doordat er extra vraag naar bitcoin wordt verwacht.  ( 8 min )

De prijs van de bitcoin lag dinsdagochtend even boven de 35.000 dollar (ruim 32.750 euro). Sinds mei 2022 was de cryptomunt niet zo veel waard als nu. Dat komt doordat er extra vraag naar bitcoin wordt verwacht.  ( 8 min )

Richting 2030 worden grote stappen gezet in de vervanging van fossiele brandstoffen. Energieagentschap IEA schat dat vanaf dat jaar de vraag naar fossiele brandstoffen wereldwijd zal afnemen, mede doordat er dan mogelijk tien keer zoveel elektrische auto's rondrijden als nu.  ( 9 min )

The S&P 500 added 0.7% on Tuesday, Oct. 24, 2023, amid strong corporate earnings news and anticipation of the reports coming from big tech firms this week.  ( 1 min )

The IEA suggested momentum toward clean energy could lead global demand for coal, oil, and gas to peak before 2030.  ( 1 min )

U.S. equities rose at midday on Tuesday, Oct. 24, 2023 following strong earnings reports and ahead of updates from big tech companies including Microsoft and Google parent Alphabet.  ( 1 min )

Stock futures were higher in premarket trading Tuesday as investors prepared for a busy day of earnings with reports from Microsoft, Google-parent Alphabet, and Visa after the bell.  ( 1 min )

General Electric raised its forecast for 2023 earnings as rebounding air travel demand improved the jet engine maker’s aerospace business and Redfin shares surged after the real estate brokerage secured $250 million in financing. Here’s what investors need to know today.  ( 1 min )

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In the wake of 2022’s bear market, not many were expecting the bull market that defined the first half of the year to take place. But that was not the only surprise on offer. Also contrasting sharply with expectations set out at the start of 2023, Deutsche Bank analyst Bryan Keane notes e-commerce volumes have been “far more robust than expected,” and with all relevant metrics indicating resilience in online spending, this strength continued into 3Q23. As such, with PayPal’s (NASDAQ:PYPL) Q3 ear  ( 34 min )

(Bloomberg) -- Venezuela is entering the final stage of a long legal battle in which its most valuable foreign asset, Citgo Petroleum Corp., will be auctioned off to settle claims against the government and its oil company. Most Read from BloombergWall Street Trading Rattled by Wild Treasury Moves: Markets WrapAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantTreasury 10-Year Yield Breaches 5% for First Time Since 2007US Push for Release of Hostages May Delay Israeli Ground Wa  ( 35 min )

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Both earnings and revenue at Verizon Communications are expected to be lower in the latest quarter than in the same period a year earlier.  ( 17 min )

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Most retirees are eligible, but some fall through the cracks due to a spotty work history or for other reasons.  ( 29 min )

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The best CD rates available nationwide are 6.50% from Financial Partners Credit Union for 8 months and 6.00% from Credit Human on a take-your-pick term of 12-17 months.  ( 21 min )

An "extremely bearish" technical pattern, known as a double top, has taken shape on the Magnificent 7 stocks' combined price chart, fueling fears of a selloff.  ( 34 min )

(Bloomberg) -- The crown jewel of Chevron Corp.’s $53 billion acquisition of Hess Corp. is a piece of larger rival Exxon Mobil Corp.’s prized asset. Most Read from BloombergUS Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItTreasury 10-Year Yield Breaches 5% for First Time Since 2007Car Owners Fall Behind on Payments at Highest Rate on RecordIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionS&P 500 Holds Its Ground Amid Wild Treasury Moves: Markets WrapC  ( 34 min )

Here is what experts say is behind inflated car insurance prices and what you can do to save money without sacrificing thorough coverage on your vehicles.  ( 34 min )

Never one to shy away from an announcement or two, at a recent annual symposium, Plug Power (NASDAQ:PLUG) announced that it had reached an agreement with Fortescue to be the preferred supplier for 550MW PEM electrolyzers for its Gibson Island project in Brisbane, Australia. The terms of the MOU (memorandum of understanding) also stipulate that Plug and Fortescue will assess potential joint investments in projects aimed at producing green hydrogen in North America. Additionally, both parties are  ( 34 min )

(Bloomberg) -- Nvidia Corp. is developing chips with Arm Holdings Plc technology that would challenge Intel Corp. processors in personal computers, Reuters reported.Most Read from BloombergTreasury 10-Year Yield Breaches 5% for First Time Since 2007US Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItS&P 500 Struggles Near Key Level; Bonds Rebound: Markets WrapAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantHostages and Hezbollah Force Israel to Ret  ( 33 min )

(Bloomberg) -- Li-Cycle Holdings Corp., which is set to receive significant backing from the Biden administration, saw its share price slashed nearly in half after announcing it would pause construction on a first-of-its-kind lithium ion battery recycling plant.Most Read from BloombergTreasury 10-Year Yield Breaches 5% for First Time Since 2007US Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItS&P 500 Struggles Near Key Level; Bonds Rebound: Markets WrapAn Oil Giant Q  ( 33 min )

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(Bloomberg) -- Traders betting on whether VMware Inc. will successfully sell itself to Broadcom Inc. could find it harder to get out of at least part of their position after Monday. Most Read from BloombergTreasury 10-Year Yield Breaches 5% for First Time Since 2007US Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItS&P 500 Struggles Near Key Level; Bonds Rebound: Markets WrapAn Oil Giant Quietly Ditched the World’s Biggest Carbon Capture PlantHostages and Hezbollah Fo  ( 34 min )

That’s bad news for bosses who are holding on to the hope of a full office return.  ( 34 min )

Tesla is under investigation by US authorities following claims the electric carmaker has been misleading customers over the driving range of its vehicles.  ( 34 min )

Stocks have largely been held back by rising bond yields. But one strategist sees a key potential turning point around 5.25% on the 10-year Treasury yield.  ( 34 min )

“The economy is slowing faster than recent data suggests,” Ackman warned in a Monday post on X, formerly Twitter.  ( 33 min )

Home, health, and auto insurers are using creepy new technology to jack up your premiums and deny your claims.  ( 39 min )

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Chevron was considered a potential buyer for Occidental, given that both companies are big players in the Permian basin.  ( 17 min )

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U.S. asset manager Vanguard is bullish on longer-dated Treasuries after this year's brutal selloff, betting that the Federal Reserve is at the end of its rate hiking cycle and that the economy will slow next year. Despite a "cruel summer for bond investors," long-term bonds continue to remain attractive as the economy will likely enter a shallow recession next year, the world's second-largest asset manager said in a fixed income outlook seen by Reuters. U.S. Treasury yields, which move inversely to prices, have risen sharply over the past few months, with benchmark 10-year Treasury yields trading above 5% on Monday for the first time since 2007.  ( 33 min )

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Legendary billionaire investor Warren Buffett is widely recognized as one of the greatest financial minds of this era. Over the course of several decades, he amassed a significant fortune through shrewd investment strategies and timeless wisdom. During the 2015 Berkshire Hathaway Inc. annual meeting, Buffett shared his perspective on the curious dynamics of discussing the company's investments. He offered insights into why he refrains from "talking up" Berkshire's investments, shedding light on  ( 35 min )

World-famous investor and Berkshire Hathaway Inc. CEO Warren Buffett has earned a reputation for his immense success in the world of finance. He is known for his straightforward and practical approach to investing, which has made him a trusted source of financial wisdom for millions. In a 2018 CNBC interview, Buffett shared insights on interest rates, stocks and investor behavior, and his advice remains relevant in today's challenging economic climate marked by inflation and rising interest rate  ( 35 min )

Elon Musk, a name synonymous with space exploration, electric cars and cutting-edge technology, started his journey in a way that could be seen as unconventional even by the standards of aspiring entrepreneurs. While at Queen's University in Canada, Musk and his brother Kimbal employed an unconventional method for mentorship: cold-calling people they found intriguing. One such person was Peter Nicholson, a high-ranking executive at Scotiabank. What made this relationship interesting were the sub  ( 35 min )

(Bloomberg) -- Bill Gross says he’s buying futures tied to the Secured Overnight Financing Rate and sees a recession in the fourth quarter. Most Read from BloombergUS Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItTreasury 10-Year Yield Breaches 5% for First Time Since 2007Car Owners Fall Behind on Payments at Highest Rate on RecordIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionS&P 500 Holds Its Ground Amid Wild Treasury Moves: Markets WrapPosting on  ( 32 min )

What happens when one company accounts for more than half of a stock index?  ( 29 min )

The union says it's on strike at the Sterling Heights Assembly Plant in Michigan, which makes Dodge RAM 1500 pickup trucks.  ( 19 min )

(Bloomberg) -- Leon Hess founded Hess Corp. with a secondhand truck delivering fuel oil during the depression. Ninety years later, his son, John Hess, has agreed to sell the US oil producer to Chevron Corp. in a deal that crystallizes the value of the stake controlled by the family at about $5 billion.Most Read from BloombergUS Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItTreasury 10-Year Yield Breaches 5% for First Time Since 2007Israel Latest: Oil Declines as Hos  ( 33 min )

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Shares of Li-Cycle Holdings are down more than 40% to about $1.30 after the battery recycling company said it is pausing construction on a facility in Rochester, N.Y., citing high costs. The turbulence could impact Li-Cycle's pending agreement with the Department of Energy for a [$375 million loan]  ( 24 min )

Ackman said in August that his hedge fund had placed a bet against U.S. 30-year Treasuries, calling it both a hedge on the impact of higher long-term rates on stocks and a good standalone bet. "The economy is slowing faster than recent data suggests," Ackman wrote on messaging platform X, formerly known as Twitter. Hedge funds have rapidly built up short positions in U.S. Treasuries futures this year as part of the so-called 'basis trade', a leveraged arbitrage play profiting from price differences between cash bonds and futures.  ( 32 min )

Why does a financial advisor get a fee of 1% or more? That seems really high. If my return is only 4% (for example, in dividends), I am giving away 25% of my return, which is even worse with a … Continue reading → The post Ask an Advisor: ‘I Am Giving Away 25% of My Return.' Why Does a Financial Advisor Earn a 1% Fee, Even in a Bear Market? appeared first on SmartAsset Blog.  ( 35 min )

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Is Nio (NYSE:NIO) planning to become more self-sufficient? Last week, Anhui Jianghuai Automobile Group (JAC) announced plans to sell factory assets with a net book value worth of RMB 4.2 billion (~$574 million) and an evaluated value of about RMB 4.5 billion (~$615 million). Amongst the assets are two factories where it manufactures vehicles for Nio. While no buyer of the assets has yet to be confirmed, according to the rumor mill, the Chinese EV maker might be eyeing a purchase of the assets al  ( 34 min )

Rates on 30-year mortgages have dropped below the historic high they reached early last week, with averages for almost every mortgage type coming down as well.  ( 19 min )

Converting a rental property into a primary residence is a significant financial move with potential tax implications that necessitate careful planning. By leveraging tools like Section 121 of the IRS code and 1031 exchanges, homeowners can navigate the complexities of this process. However, understanding the intricacies of these laws is crucial. Here’s how to convert […] The post How to Convert Rental Property to a Primary Residence appeared first on SmartReads by SmartAsset.  ( 37 min )

Microsoft will report its Q1 earnings after the bell on Thursday, as investors look for signs that its AI investments are paying off.  ( 34 min )

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The crop protection company cited lower sales volumes in Latin America as a reason for lowering estimates.  ( 15 min )

Fisker is the latest electric-vehicle maker to cut prices for its cars. Its stoock is slumping.  ( 19 min )

Pinterest upgraded, Salesforce downgraded: Wall Street's top analyst calls  ( 35 min )

Chevron agrees to buy fellow oil company Hess for $53 billion in an all-stock deal. Including debt, the transaction is valued at $60 billion.  ( 19 min )

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Few sizable targets remain in the most coveted U.S. shale basin after the oil supermajors’ mega acquisitions, setting off a scramble for what is left.  ( 28 min )

The yield on the 10-year Treasury has reached 5% for the first time since 2007. Treasury yields have been climbing rapidly, with the 10-year yield rallying from less than 3.50% during the spring and from just 0.50% early in the pandemic. Monday morning, the yield on the 10-year Treasury was at 4.96% after hitting 5.02% earlier.  ( 35 min )

Well-known large-cap stocks are often the ones that get all the media attention, but sometimes it's the smaller companies are performing the best while the big names are struggling. To some degree, that's what's happening in the real estate investment trust (REIT) sector in recent weeks, as big names like Realty Income Corp. (NYSE:O), W.P. Carey Inc. (NYSE:WPC), SL Green Realty Corp. (NYSE:SLG), Prologis Inc. (NYSE:PLD) and others have been slashed in price or are just treading water. Meanwhile,  ( 35 min )

Chevron (CVX) shares fell Monday after the U.S. energy heavyweight said it would buy Hess (HES) in an all-stock deal worth $53 billion. In recent market action: Chevron stock lost more than 2% in premarke  ( 23 min )

The stock market has finally begun recovering from the worst bear market since 2008, with the S&P 500 index rising by nearly 12% year to date. The tech sector boasted a stellar recovery after a brutal rout last year, as evidenced by the Nasdaq Composite Index's 26% gain so far this year. But the market volatility is far from over. The Federal Reserve's decision to raise interest rates at least once again this year and the growing geopolitical tensions globally have resulted in volatility levels  ( 35 min )

Jensen Huang cofounded and leads one of the world’s most valuable firms.  ( 34 min )

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Textainer shares surge. The shipping-container lessor is being acquired for $2.1 billion.  ( 15 min )

Chevron announced it will buy Hess for $53 billion and Apple shares fell after China launched tax probes into key supplier Foxconn. Here’s what investors need to know today.  ( 18 min )

Chevron Corp said on Monday it would buy smaller rival Hess Corp in a $53 billion all-stock deal, taking its rivalry with Exxon Mobil to the next level by boosting its presence in U.S. shale and oil-rich Guyana. Acquiring Hess adds 30% ownership in over 11 billion barrels of oil equivalent of discovered recoverable resource in Guyana and 465,000 net acres of high-quality, long-duration inventory supported by integrated midstream assets in the Bakken to Chevron’s portfolio, along with assets in the Gulf of Mexico and a natural gas business in Southeast Asia. Given that Exxon Mobil had effectively taken itself out of the running for large-scale M&A following the recent Pioneer deal, we would have thought Chevron could bide its time, and hence we are a little surprised at the timing of this deal.  ( 34 min )

The 10-year Treasury yields passed a key milestone, underlining the "new normal" of higher-for-longer rates.  ( 36 min )

The 10-year Treasury yields passed a key milestone, underlining the "new normal" of higher-for-longer rates.  ( 35 min )

CEO Elon Musk said at Tesla's earnings call earlier this month that the company was hesitating on its plans for a factory in Mexico as it grapples with a turbulent economic outlook. He warned that rising interest rates could impact demand at Tesla, which has turned to a margin-sapping price war this year to maintain sales. Tesla's shares were down 1.2% in premarket trading in a broadly weaker market.  ( 33 min )

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Chevron is buying Hess Corp. for $53 billion as the biggest U.S. oil companies use a recent windfall in profits to buy up smaller competitors. The Chevron-Hess deal comes less than two weeks after Exxon Mobil said it would acquire Pioneer Natural Resources for about $60 billion.  ( 32 min )

Oil prices have slumped by 2pc today as investors bet on a delay to Israel’s ground invasion of Gaza.  ( 32 min )

U.S. technology giants are likely to post their strongest quarterly revenue growth in at least a year as their legacy businesses stabilized, but investors looking for signs of a boost from artificial intelligence (AI) may be disappointed. Microsoft, Google-parent Alphabet, Facebook-parent Meta Platforms and Amazon are expected to have built on the recovery in their enterprise software and digital ads businesses as professional and consumer spending stayed resilient despite an uncertain global economy. The quartet's shares have rallied -- between Microsoft's 36% and Meta's 157% -- this year, boosting their combined market value to over $6 trillion and lifting the benchmark S&P 500 index.  ( 34 min )

After a succession of production snafus, investors will question whether U.S. aerospace's "problem children" - Boeing, RTX and Spirit AeroSystems - can stem financial losses and hit year-end targets. All three companies are expected to report losses in their third-quarter results as they struggle to resolve manufacturing defects on their most profitable aircraft and engine products. RTX engine subsidiary Pratt & Whitney disclosed in September it will take a $3 billion charge in the quarter after planning to replace components containing contaminated metal powder on as many as 700 Geared Turbofan (GTF) engines.  ( 34 min )

Partly unwinding pre-weekend safety hedges related to the Middle East conflict, world markets are back focused on some critical macro priced levels and milestones that may once again define the week. But in keeping with that retreat from havens, U.S. Treasuries and sovereign bonds everywhere resumed their decline and 10-year U.S. benchmark borrowing rates finally moved up through the 5% level for the first time in 16 years early on Monday. The dollar retained its bid as a result and continued to probe the 150 yen level many suspect the Bank of Japan will be keen to protect against with open-market yen buying.  ( 34 min )

It's tough out there in the markets right now, understandably so.  ( 35 min )

The all-stock deal is the latest sign of consolidation in an oil-and-gas industry flush with cash.  ( 27 min )

(Bloomberg) -- The 10-year Treasury yield crossed 5% for the first time in 16 years, propelled by expectations the Federal Reserve will maintain elevated interest rates and that the government will further boost bond sales to cover widening deficits.Most Read from BloombergUS Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on RecordSaudi Arabia Mulls Buyi  ( 33 min )

Chevron agrees to buy fellow oil company Hess for $53 billion in an all-stock deal. Including debt, the transaction is valued at $60 billion.  ( 16 min )

Swiss pharmaceutical company Roche said it has agreed to buy immunology company Telavant Holdings from Roivant Sciences and Pfizer for $7.1 billion.  ( 15 min )

(Bloomberg) -- Chevron Corp. agreed to buy Hess Corp. in a deal worth $53 billion, the latest major consolidation in the US oil industry. Most Read from BloombergUS Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on RecordSaudi Arabia Mulls Buying Dassault Combat Jets, Tribune SaysModerna Shaves Off $7 Billion in Value After Pfizer WarningIn an all-stock  ( 33 min )

Chevron will buy Hess in all-stock deal valued at $53 billion, Roche agrees to buy a developer of a drug for people suffering from inflammatory bowel disease from Roivant and Pfizer, Textainer is being acquired for about $2.1 billion, and Microsoft and Alphabet lead a busy earnings week.  ( 22 min )

Banks that are big but not huge, such as KeyCorp, Citizens and Truist, reported big profit declines.  ( 28 min )

Wealth means different things to different Americans. We'll look at five numbers that define wealth in recent surveys and studies.  ( 34 min )

Chevron Corp said on Monday it will buy smaller rival Hess Corp in a $53-billion all-stock deal. Chevron is offering $171 for every Hess share, implying a premium of about 4.9% to the share's last close. CEO John Hess of Hess Corp, is expected to join Chevron's board of directors once the deal closes, the companies said in a statement.  ( 32 min )

Israel bombarded Gaza with air strikes overnight, with Prime Minister Benjamin Netanyahu convening a meeting of his top generals and his war cabinet to assess the escalating conflict. These rising tensions, along with surging bond yields on higher rates expectations pulled the Wall Street lower last week, with the S&P 500 falling 1.26% and the Cboe Volatility index closing at its highest since March 24. Yield on the 10-year benchmark Treasury note continued to hover around 5%, the mark it briefly breached last week after Federal Reserve Chair Jerome Powell said that U.S. economy's resilience and tight labor market could warrant further rate hikes.  ( 34 min )

Chevron Corp said on Monday it will acquire Hess Corp in a $53-billion all-stock deal.  ( 32 min )

We’re finally in the homestretch of 2023. The year’s end is in sight – but the only certainty is that uncertainty is here to stay with the headwinds piling up faster than ever. Check off those headwinds one by one: The Federal Reserve has indicated that it will likely hold interest rates higher for longer, due to persistently high inflation. In geopolitics, China keeps rattling its saber at Taiwan, Russia’s Ukraine war keeps grinding on, and the Middle East has erupted into an open battle betwee  ( 37 min )

(Bloomberg) -- Copper tumbled to the lowest in nearly eleven months, offering fresh evidence that soaring borrowing costs and slower spending are beginning to bite in all corners of the industrial economy.Most Read from BloombergUS Push for Release of Hostages May Delay Israeli Ground War, But Won’t Stop ItIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on RecordSaudi Arabia Mulls Buying Dassault Combat Jets, Tribune SaysModerna  ( 33 min )

(Bloomberg) -- Roche Holding AG said it will pay $7.1 billion to acquire Telavant Holdings, Inc. in a bid to shore up its pipeline of experimental medicines.Most Read from BloombergUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on RecordSaudi Arabia Mulls Buying Dassault Combat Jets, Tribune SaysModerna Shaves Off $7 Billion in Value After Pfizer Warning  ( 33 min )

Gold prices pulled back slightly n early London trading, but upside remains strong due to the conflict in Gaza.  ( 26 min )

John Lynes was one of the first to notice when companies slowed hiring. His recruitment firm, Ashdown Group, was seeing 100 applicants per job at the start of the year. Now he sees 150 on average – a 50pc rise.  ( 35 min )

Philips said it expected adjusted earnings to rise 10%-11% for the year, after reporting above-forecast third-quarter results, helped by €258 million of cost savings, with its restructuring and productivity plans on track.  ( 27 min )

(Bloomberg) -- A Bitcoin rally fueled by optimism about fresh demand from exchange-traded funds may have further to run if history is any guide.Most Read from BloombergUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on RecordSaudi Arabia Mulls Buying Dassault Combat Jets, Tribune SaysModerna Shaves Off $7 Billion in Value After Pfizer WarningThe largest d  ( 33 min )

(Bloomberg) -- China’s gauge of tech equities fell to the lowest since its inception more than three years ago as investors’ confidence in the sector wanes amid concerns higher US rates will hurt demand for growth stocks everywhere. Most Read from BloombergIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItCar Owners Fall Behind on Payments at Highest Rate on RecordSaudi Arabia Mulls Buying Dassault Combat J  ( 33 min )

Dutch health technology company Philips on Monday raised its full-year outlook as it beat analyst expectations with a more than doubling of third-quarter core profit to 457 million euros ($483.3 million). Analysts in a company-compiled poll on average had predicted adjusted earnings before interest, taxes and amortisation (EBITA) in July-September would rise to 389 million euros from 209 million euros the year before. Philips said it now expected 6% to 7% comparable sales growth over 2023, with a profit margin (adjusted EBITA) of 10%-11%.  ( 32 min )

The growth in demand for appetite suppressing anti-obesity drugs like Novo Nordisk's Wegovy presents opportunities for food manufacturers and the market's initially downbeat reaction may be overdone, investors say. When Walmart said this month that it saw a slight pullback in food consumption when people took the medication, it sparked a sell off in shares of companies including Nestle, the world's biggest packaged food maker. "It feels like quite an overreaction," said Aviva portfolio manager Richard Saldanha.  ( 34 min )

Asian shares were lower on Monday as higher risks of broader conflict in the Middle East clouded market sentiment and bond yields further pressured stocks. U.S. futures rose while oil prices fell back. Israel announced its intention on Saturday to step up its attacks on the Gaza Strip in preparation for the next stage of its war on Hamas.  ( 35 min )

It's been a cautious start to the week in Asia as markets wait to see when, or whether, Israel will launch a ground invasion of Gaza, and bonds continue their vicious sell-off. Israel's military continued to bomb Gaza on Sunday and clashed with Iran-backed Hezbollah on the border with Lebanon. The leaders of the United States, Canada, France, Germany, Italy and Britain on Sunday underscored their support for Israel and its right to defend itself, but also urged it to adhere to international humanitarian law and protect civilians.  ( 32 min )

(Bloomberg) -- For a fleeting moment this month, investment bankers in leveraged finance — the lucrative lending that oils the wheels of M&A and feeds the $1.3 trillion market for collateralized loan obligations — had rare cause for cheer. Company valuations were enticingly low for dealmakers, the US Fed looked closer to reversing punishing rate hikes, loans were getting done.Most Read from BloombergIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionUS Push for Release of Hostages D  ( 37 min )

Gold prices retreated from last session's five-month peak on Monday as the U.S. dollar and Treasury yields strengthened ahead of crucial economic data this week, with investors looking for any signs of a global fallout of the Middle East conflict. Spot gold was down 0.4% at $1,972.39 per ounce by 0334 GMT, and U.S. gold futures slid 0.5% to $1,983.50. Gold prices hit their highest since mid-May on Friday and surged about 9% in the past two weeks as investors opted for the safety of bullion on fears that the Israel-Hamas war could escalate into a wider Middle East conflict.  ( 33 min )

A surprise first place for Argentina's ruling Peronists in a general election on Sunday could calm market fears about a runaway win for libertarian radical Javier Milei who has pledged to dollarize the economy and shut the central bank. Peronist Economy Minister Sergio Massa won around 36.5% of the vote ahead of right-wing outsider Milei with just over 30%, far outperforming pre-election polls and setting up a polarized run-off vote on Nov. 19 between the two. Analysts said the result should alleviate fears about a sudden devaluation of the local peso currency and reduce the likelihood of the country ditching the peso any time soon, with the eventual winner likely to have a weak mandate.  ( 33 min )

(Bloomberg) -- Shares of Samsung Electronics Co. are on track to underperform those of its smaller memory-chip rival SK Hynix Inc. by the most in a decade as investors bet the latter will be the winner in artificial intelligence.Most Read from BloombergIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on RecordUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItSaudi Arabia Mulls Buying Dassault Combat Jets,  ( 35 min )

(Bloomberg) -- Hon Hai Precision Industry Co. fell its most in more than three months after Beijing launched a series of investigations into its operations in China, targeting a key Apple Inc. supplier and one of the country’s largest employers.Most Read from BloombergIsrael Latest: Oil Declines as Hostage Talks Delay Gaza InvasionCar Owners Fall Behind on Payments at Highest Rate on RecordUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItSaudi Arabia Mulls Buying Dassa  ( 33 min )

(Bloomberg) -- Hon Hai Precision Industry Co. fell its most in more than three months after Beijing launched a series of investigations into its operations in China, targeting a key Apple Inc. supplier and one of the country’s largest employers.Most Read from BloombergIsrael Latest: More Aid Trickles Into Gaza as Death Toll RisesCar Owners Fall Behind on Payments at Highest Rate on RecordUS Push for Release of Hostages Delays Israeli Ground War, But Won’t Stop ItModerna Shaves Off $7 Billion in  ( 33 min )

It is now 52% more expensive to buy a home than to rent one because of climbing mortgage rates.  ( 31 min )

LONDON (Reuters) -Oil prices slipped on Monday as investors continued to focus on the situation in the Middle East, where diplomatic efforts are intensifying in an attempt to contain the conflict between Israel and Hamas. Brent crude futures fell 24 cents, or 0.26%, to $91.92 a barrel, as of 0837 GMT. The contracts rose by more than 1% last week for a second consecutive week, on fears of potential supply disruption if the Israel-Hamas war grows into a wider conflict in the Middle East, the world's biggest oil-supplying region.  ( 32 min )

NEW DELHI (Reuters) -Oil prices fell more than $1 on Monday as concerns about supply disruptions eased due to diplomatic efforts intensifying in an attempt to contain the conflict between Israel and the Palestinian Islamist group Hamas. The contracts had risen more than 1% last week for a second consecutive weekly jump on fears of potential supply disruption if the Israel-Hamas war grows into a wider confrontation in the Middle East, the world's biggest oil-supplying region. Aid convoys started to arrive in the Gaza Strip from Egypt over the weekend, as Arab leaders and foreign ministers gathered for a summit in Cairo which was unable to yield a joint statement.  ( 33 min )

Kevin Paffrath slammed Elon Musk's comments on Tesla's third quarter earnings call in an interview with Yahoo Finance this week.  ( 34 min )

(Bloomberg) -- Japan’s era of negative interest rates will end in coming months, and the implications for world markets will be enormous, with US Treasuries set to suffer the most, according to the latest Bloomberg Markets Live Pulse survey.Most Read from BloombergIsrael Latest: More Aid Trickles Into Gaza as Death Toll RisesCar Owners Fall Behind on Payments at Highest Rate on RecordModerna Shaves Off $7 Billion in Value After Pfizer WarningSaudi Arabia Mulls Buying Dassault Combat Jets, Tribun  ( 34 min )